tuition credit

beerd · Post by **beerd** » Mon Mar 21, 2005 2:44 am

I am a canadian. Before I moved to New York in Oct 2004, I was a graduate study in Canada. I have $5000 solarship income in 2004 in Canada. In the same time, I have much tuition and full-time student credit carried over from previous years. I wonder if I can use this credit to deduct my US tax? If so, what form I need to fill? Thank you!

nelsona · Post by **nelsona** » Mon Mar 21, 2005 7:18 am

Any credit or deduction you get from IRS will depend solely on IRS rules.

For one thing, anything from a previous year is ineligible for 2004.

Also, the full-time credit only applies to Canada.

So, the most you can get credit for is the school expenses from this year (2004).

http://www.irs.gov/taxtopics/tc457.html

<i>nelsona non grata... and non pro</i>