What is a Hope Credit?
• What do I need to save to claim the Hope Credit? • Am I eligible for the Hope Credit as I’m entering my second year of my second bachelor’s degree program ? • What is a Lifetime Learning Credit ? • I am a student who is claimed as a dependent on my parent’s tax return . Can I take the Lifetime Learning Credit on my tax return? Q: Can I claim the Child and Dependent Care Credit? A: If you paid someone to care for your dependent under age 13 or your disabled dependent or spouse so that you could work or look for work, you may be able claim the credit for child and dependent care expenses. Return to index . . . Q: May I include my five-year-old son’s parochial school kindergarten tuition cost as a qualified expense on IRS Form 2441, Child Care Expenses? A: The expenses for kindergarten don’t qualify for the dependent care credit, because kindergarten is primarily educational in nature. However, you can count the part of the expenses for your child’s care, if it can be separated from the
