关于学费抵税的问题? [问题]

[marker]

如果我是学生,是不是说在报税时把学费CLAIM了,
例如$5000, 那么以后我需要交税时,可以用这
$5000来抵税?

谁有类似经验,请指教.

 

[Kent以东首帅哥]

是在要上税的收入里减掉$5000

 

[Canacat]

You get tax credit for tuition and educational amount. you should claim tuition at the year it's paid for. The used portion can be carried forward to next years to apply against your future income.

 

[oread]

Your tuition can only decrease your taxable income. Taxable income is NOT equal to income tax to be paid to the government. In other words, if you earned $10000 in income during the taxation year, and you paid $5000 in tuition, then your taxable income is then $5000. Since everyone has an exempted tax amount of $6000 per taxation year, you then can carry over $1000 tuition to the next taxation year.

Like Canacat said, the unused portion of your tuition can be carried forward indefinitely or give it to your sponsor (parents or guardian).

 

[Canacat]

Just to clarify on the meaning of tax credit. It's not tax deductable, which means you can't substract the tuition from your taxable income. Instead, you get credit. This will make a difference when your income falls into higher tax bracket like 22% or even higher. For example, if you earn $50000 in a year, and tuition is $5000. Your taxable income is not $45000, but still $50000. However, you can receive $5000 x 16% (lowest tax rate) as a credit when calculating your net income tax payable. See the difference? if it's tax deductable, you'll save $5000 x 22% (if that's the bracket your last dollar of income falls into). the deduction is taken from top of your income.

 

[oread]

Oops. :blowzy:
Thanks for the clarification.