Anderson and Shelly are divorced. Their son, Jackson (21), is a full-time student in graduate school....

Anderson and Shelly are divorced. Their son, Jackson (21), is a full-time student in graduate school. He lives all year with Shelly and will be listed on her return. Anderson pays all of Jackson's educational expenses, $26,700. It has been determined that the Tuition and Fees deduction is the only educational provision that applies here. Who qualifies to claim the deduction on their tax return?

Jackson.

Shelly.

Anderson.

Nobody.

Expert Solution

According to IRS (Internal Revenue System), the parent is eligible to take the deduction towards tution fee if the parent himself is paying the fees and the cjhild is not paying. The threshold limit is $4000 per year

In case of Divorce,if a parent is required to pay the tution and fees , it is treated the fees is paid by the Student even though he is a dependent and no one has the right to claim the deduction.

In given situation Anderson and Shelly both are divorced. Their Son Jackson aged 21 is afull time student in graduate school.Anderson pays all his school fees $26,700.Anderson lives with shelly and will be listed in her return. Being21 years of age and a graduate ,Jacson is a dependent.

As Both Anderson and Shelly are divorced, according to IRS the fess is deemed to be paid by Jackson eventhough he is a dependent and no one has the right to claim the deduction for Tution fees.

So, the correct option is d) Nobody.

ekkarill92 answered 2 years ago

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