Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Thanks for the response, Phil.
I think I will be in the the 15% bracket or below, due to my generally impoverished status as a student, so the Lifetime Learning Credit might be the way to go.
Now I probably need to figure out what my total taxable 2012 income would be if I took the amount I paid for summer school out in the same distribution from my IRA-- it would be nice to have that amount of money in the "rainy day" fund since I won't have much actual income for a while.
Print the post  

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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.