Gretchen is a full-time student at the local state university and works part-time (2017 wages equal...

Gretchen is a full-time student at the local state university and works part-time (2017 wages equal $4,752). Gretchen began her senior year in the Fall semester of 2017. Phil and Jannie paid the following amounts with respect to Gretchen’s college education:

Spring Semester 2017 (paid January. 10, 2017)Tuition $4,350 Books $505 Room & board $4,000

Fall Semester 2017 (paid August 15, 2017)Tuition $4,600 Books $594 Room & Board $4,500

How can I put this kind of information on a tax return?

Expert Solution

Assumptions:

The return is prepared considering Gretchen is an dependent student on parents filing singly. Net tax to be paid is 0. However, the question is incomplete. Details like Federal witholding of tax not provided. Incomplete information has been clearly mentioned in the tax form and instructions to fill have been provided. Follow and fill accordingly.

ekkarill92 answered 11 months ago

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