Thursday, February 03, 2005

So I've been a student enrolled "at least half-time" since last September. This means I qualify for a credit on my tax return.

Here's what I don't understand -

I'm filing my return in TurboTax, which calculates your expected rebate (or payment) real-time as you go. The student tuition payments were one of the last things I entered, and when I entered them...my expected rebate was cut in half. That's right, the IRS will give me back less of my tax money due to my tuition "credit".

What's up with that?

Really, I'd be okay without credits like that.

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