I have a question about non-dependent EIC. I don’t have any earned income, but I received a Form 1098-T. Can I file and receive education tax breaks?
Probably not. Credits offset tax liability from any taxable income. However, you might qualify for the refundable portion of the American Opportunity Credit.
You won’t qualify for the refundable portion if:
- You’re one of these:
- Under age 18
- Age 18-23 and both of these are true:
- You’re a full-time student.
- You had earned income less than half of your support.
- At least one of your parents was alive at the end of the tax year.
- You’re filing as one of these:
Unfortunately, the cost of your engagement ring can't be deducted as a write-off on your personal income taxes. H&R Block tax pros explain why.
What is a CPA, and how can one help you with preparing your taxes? Understand the role of a certified public accountant with the experts at H&R Block.
Virtual tax preparations let you complete your taxes online from the comfort of your home. Find out how easy remote tax preparations can be at H&R Block.
An ITIN is issued by the IRS to help people file taxes without a Social Security number. Learn how to get an ITIN number, who qualifies, and where to apply.