http://www.etax.com <br /> <br />Qualified education expenses are amounts paid for tuition, fees and other related expenses for an eligible student. <br /> <br />Qualified education expenses must be paid by: <br />You or your spouse if you file a joint return, <br />A student you claim as a dependent on your return, or <br />A third party including relatives or friends. <br /> <br />You can claim an education credit for qualified education expenses paid by cash, check, credit or debit card or paid with money from a loan. <br /> If you pay the expenses with money from a loan, you take the credit for the year you pay the expenses, not the year you get the loan or the year you repay the loan. <br /> <br />Qualified expenses are amounts paid for tuition, fees and other related expense for an eligible student that are required for enrollment or attendance at an eligible educational institution. <br /> <br />For American Opportunity Tax Credit only, expenses for books, supplies and equipment the student needs for a course of study are included in qualified education expenses even if it is not paid to the school. For example, the cost of a required course book bought from an off-campus bookstore is a qualified education expense. <br /> <br /> <br />The following are not qualified education expenses: <br />Room and board <br />Insurance <br />Medical expenses (including student health fees) <br />Transportation <br />Similar personal, living or family expenses
