DIY Disasters: College Kids, Their Parents and the American Opportunity Credit
What to do when your college-aged child files a tax return and claims tuition credits you were entitled to on your own return.
What to do when your college-aged child files a tax return and claims tuition credits you were entitled to on your own return.
DIY is not always better or cheaper, as I learned from my experiment with a shaved head.
We’ve been covering charitable contributions recently, and this Tax Court case from 2010 fits in nicely with that series of articles. The Tax Court case involved a couple from California who had more than $27,000 of charitable contributions disallowed by the IRS on their 2006 tax return. The Court ruled against the couple, costing them […]