Kim paid the following expenses during November 2017 for her son Joshua's spring 2018 expenses,which begins in January 2018: $\begin{array}{lrr}
\text { Tuition } & \$ 14,000 \
\text { Housing } & & 8,000 \
\text { Meal plan } & & 2,500
\end{array}$ In addition,Kim's sister paid $800 for college fees on behalf of Joshua directly to the college.Joshua is claimed as Kim's dependent on her tax return.How much of the paid expenses qualify for purposes of the education credit deduction for Kim in 2017?

Question

Quizplus · Accepted Answer

Only tuition and fees paid in 2017 for an academic period beginning in the first three months of 2018 qualify for the education credit. Therefore, $14,000 (tuition) + $800 (college fees) = $14,800 qualify. Housing and meal plan expenses do not qualify.

Kim Paid the Following Expenses During November 2017 for Her Tuition $14,000 Housing 8,000 Meal plan 2,500\begin{array}{lrr}\text { Tuition } & \$ 14,000 \\\text { Housing } & & 8,000 \\\text { Meal plan } & & 2,500\end{array} Tuition Housing Meal plan ​$14,000​8,0002,500​

Kim Paid the Following Expenses During November 2017 for Her $\begin{array}{lrr}\text { Tuition } & \$ 14,000 \\\text { Housing } & & 8,000 \\\text { Meal plan } & & 2,500\end{array}$