Tuition deduction


K

Kevin

I'm a college student and I was wondering on line 19 of the 1040a form it
says you can only deduct 4000 dollars of your tuition. Now I was wondering
if there is a way to have the left over amount rollover into next year or is
it just lost.

thanks for any help anyone can give me
 
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T

Thomas Healy

I'm a college student and I was wondering on line 19 of the 1040a form it
says you can only deduct 4000 dollars of your tuition. Now I was wondering
if there is a way to have the left over amount rollover into next year or is
it just lost.
It's lost. You should compare the Hope/Lifelong learning credits with the
tuition deduction to see which gives you the best deal.
 

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