Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: wrndln Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121599  
Subject: HOPE and Lifetime Education Credit Date: 9/18/1998 1:05 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I have a question concerning the HOPE and Lifetime Learning credits. I paid a portion of my daughters college tuition for her second year in early 1998 (about $1000). Now I am paying for the first portion ( about $1400) for her third year of college (again in 1998). After reading the posts on the two credits, I'm not sure whether or not I can claim both credits in one year for the same person. Can I clain the HOPE credit for the $1000 I paid for her second year of school in 1998 AND the amount I paid for the third year in 1998 under the Lifetime Learning credit?

Any help would be appreciated.
Rusty Nelson
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement