What would you like to do?

What are the rules for claiming the Hope Credit on taxes?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

"People that want to claim the Hope Credit on their taxes must follow the certain rules. It can only be done in the first two years of college, student must at least be a half time student, cannot be used for tuition that was paid for using scholarship funds, grants or employer money and the student must have no felony drug convictions."
1 person found this useful
Thanks for the feedback!

How do you cancel a child tax credit claim?

  If you've made a mistake on a return you've already filed, you'll need to file an ammended return to fix it. If you don't correct it and the IRS catches your mistake, yo

If you claim tax credits that exceed the tax owed is the excess credit lost or can it be claimed in the following year?

If you claim a tax credit that exceeds the tax owed, you may be able to carry it over to the following year but it depends on the type of credit. General business credits, for

How can i claim a Tax credit on buying a house trailer?

You will have to meet all of the rules for this purpose. For more details on the credit, visit the First-Time Homebuyer Credit page on IRS.gov. A new version of Form 5405, Fir

How many kids can you claim this year taxes and get credit for them?

There are not limits are the number of dependent exemptions that are allowable on the return, however, there are very specific rules and tests to show whether or not a depende

Can interest paid on credit cards be claimed on taxes?

This would depend on where you live. In the UK, if the items purchased on the credit card were purchased solely for the business then the interest paid to the credit card c

How can I claim an education tax credit for my sons?

This would depend on whether or not they were dependents on your  tax return? If so, you can file for the education tax credit but if  they filed their own returns and aren'