pantocrator asked:
I recently graduated college in May 06 in New York. Sen. Chuck Schumer spoke at our commencement, saying that he would grant/pass law/ something regarding a $4000 tax credit for parents of students paying tuition. My question is this:
I recently graduated college in May 06 in New York. Sen. Chuck Schumer spoke at our commencement, saying that he would grant/pass law/ something regarding a $4000 tax credit for parents of students paying tuition. My question is this:
1.) Has anyone heard of or know of this? Let me say that I have searched for it in the State and Federal Tax code and haven’t found it. And if anyone has heard of it…
2.) Could I myself claim the credit because as a student I paid my own way independent of parent. I am an older student who returned to college. Any help would be great.
3.) Anyone know a Tax professional I could ask about this in the Rochester NY area for a minimum fee?
