What are "Qualified Education Expenses"?

"Qualified Education Expenses" are amounts paid for tuition, activity fees, books, supplies and other related expense for an eligible student that are required for enrollment or attendance at an eligible educational institution. You may not claim any expenses paid for insurance, medical care, room and board, transportation, or other living expenses.

Can I include in "Qualified Education Expenses" the cost of a computer I bought for college?

For an undergraduate student, generally yes - if you need the computer for attendance at the educational institution. For a graduate student, generally no.

Can I include in "Qualified Education Expenses" tuition paid with a scholarship, grant or student financial aid?

Do not include tuition paid with a scholarship, grant or student financial aid. Only include the costs that were paid by you, your parents or proceeds from student loans.

Can I include in "Qualified Education Expenses" tuition I paid with a student loan?

Eligible expenses should be included, whether paid out-of-pocket or through a student loan.

Can I include in "Qualified Education Expenses" a payment from other years?

You can't use any amount you paid in 2016 or 2018 to figure your 2017 education credit(s).

What if my parents paid my "Qualified Education Expenses"?

If your parents don't claim you on their tax return as a dependent and you claim your own personal exemption, you can use the amount paid by your parents to determine education credit on your own tax return. If your parents are claiming you as a dependent, then they will able to use the education credit on their own tax return.