Do college students really get a $1000 tax refund? Am I ... - Reddit

(Download and print out, or get from library or post office). Do your taxes, using any tax forms you receive and real numbers. While you're at it, do your state taxes too. It won't take more than …

CouponFollow Extension

$1000
OFF

Do College Students Really Get A $1000 Tax Refund? Am I ... - Reddit

1 week from now

(Download and print out, or get from library or post office). Do your taxes, using any tax forms you receive and real numbers. While you're at it, do your state taxes too. It won't take more than …

reddit.com

$120
OFF

How Do College Students Get Such Huge Refunds And Mine Are

1 week from now

Hint for everything. Do your own taxes($120). I’m Canadian, so I opt into getting more tax taken off, for a return every year. $20 extra but 52 times a year, 1040 extra taxes paid. Students …

reddit.com

$1000
OFF

I Usually Get $1000 For Being A College Student. But This Year

1 week from now

Mar 19, 2020 · There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A …

intuit.com

$1000
OFF

I Entered My 1098-t Education Expenses But It Says I Do Not ... - Intuit

1 week from now

Mar 14, 2020 · Furthermore, there's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't …

intuit.com

$1000
OFF

Solved: Will I Get A Refund With My 1098-T, If I Paid My College ...

1 week from now

Jun 6, 2019 · There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A …

intuit.com

$1000
OFF

College Students Should Study Up On These Two Tax Credits

1 week from now

Aug 11, 2022 · If the American opportunity tax credit reduces the tax to zero, the taxpayer could receive a refund up to $1,000. To be eligible to claim either of these credits, a taxpayer or a …

irs.gov

$2055
OFF

R/tax On Reddit: I Am A College Student With No Job/no Regular …

1 week from now

Most of that goes directly to the school to pay your tuition, and you wind up with $2055 taxable scholarship income. You can shift $4000 to your taxable scholarship income, and your parents …

reddit.com

$13850
OFF

Tax Filing Tips For College Students | Taxes - U.S. News

1 week from now

Feb 28, 2024 · Students who are single and earned more than the $13,850 standard deduction in tax year 2023 must file an income tax return. That $13,850 includes earned income (from a …

usnews.com

100%
OFF

I’m 35 I Support Myself No Parents And Got Pell Grant. Do I Qualify …

1 week from now

Oct 26, 2024 · If you do not have enough income to have a tax liability, you only need $1000 of net qualified expenses to get the $1000 refundable portion of the AOC. The AOC is 100% of …

intuit.com

$2500
OFF

Does A 1098-T Tuition Statement Help Increase Your Tax Refund?

1 week from now

Feb 1, 2022 · Although the credit is limited to students over age 24, parents of students under that age can apply for the credit on their tax return. The credit can save up to $2,500 in taxes on …

marketrealist.com

$3039
OFF

Why Your Tax Refund Will Be Smaller In 2024 - The College Investor

1 week from now

Dec 31, 2023 · As a result, many Americans will be seeing a much smaller tax refund this year. The average tax return last year was $3,039 according to the IRS. That was up over $400 …

thecollegeinvestor.com

$1000
OFF

College Student. Got $1000 Back In Tax Return, What Would Be

1 week from now

Hello r/personalfinance ! I am currently a sophomore in college and recently filed my tax return to which I got $1000 back due to college tax…

reddit.com

$1000
OFF

Do College Students Not Recive $1000 For Being In College? - Intuit

1 week from now

Jun 6, 2019 · If you are eligible for the American Opportunity Tax Credit, you could potentially get up to a $1,000 refundable credit. It is not automatic for just being in college. **Say "Thanks" by …

intuit.com

$2500
OFF

How College Costs And Financial Aid Affect Tax Returns - The …

1 week from now

Jan 6, 2023 · The American Opportunity Tax Credit is a credit of up to $2,500 toward expenses for eligible students in the first four years of earning a degree. If your credit pays your taxes …

thebalancemoney.com

5%
OFF

Solved: Confusion Over Scholarship Taxes? - Intuit

1 week from now

Jun 6, 2019 · If you file an amended return to report the income and pay tax, the IRS can assess a late payment penalty of 0.5% per month of the amount that was paid late (counting back to …

intuit.com

FAQs about Do college students really get a $1000 tax refund? Am I ... - Reddit Coupon?

Can a student get a tax refund if he earns less?

Students who earned less can file a return to get a refund of taxes that were withheld by their employer. Parents who claim their student as a dependent may be able to take the American opportunity credit for college tuition. If your adjusted gross income was less than $79,000, you can file your taxes for free through the IRS’s FreeFile. ...

Do college students receive tax refunds?

College students may receive large tax refunds due to withholdings, credits, and deductions. If a student works part time at minimum wage, they'll likely get all their withholdings back since they make under the standard deduction. Comparing refunds to others is not productive. ...

What if I received a refund from college?

If you received a refund from college, subtract that from any amounts you are claiming when preparing your taxes. Working with a tax preparation professional might be advisable due to the complexity of preparing taxes while you or your dependent is in school. ...

Does education aid affect my tax refund?

If you use financial aid for qualified education expenses, it is usually not taxable and won't affect your refund. However, if you have eligible education spending and qualify for the Lifetime Learning Credit or the American Opportunity Tax Credit, it may lower your tax liability enough for a refund. ...

Do I get a refund if I pay my taxes?

But, you do not get a “refund” of what you paid. The amounts you paid are used to calculate an education credit. The maximum credit is $2500, of which only $1000 is refundable. That is, the other (up to) $1500 can only reduce your calculated tax. June 6, 2019 7:11 AM Edited 5:41 1/17/18 ...

Do college students still need to file a tax return?

College students may still want to file a return even if it's not a requirement. "If wages are less than $13,850, the student should still consider filing to receive refunds from federal and state withholding taxes," says Michael Trank, a CPA and personal financial specialist at Wertz and Company in Irvine, California. ...