Frequently Asked Questions
Where do I send my payment/extension?
What expenses can I claim for the education credit?
All tuition, fees, supplies,
and books that are required to be purchased
from the college or university as a condition of enrollment. If the
supplies and books are required but are not required to be purchased
from
the college or university, they are not qualified expenses.
What if I cannot remember if I got my advance child credit in 2003?
You can find out this information by logging into the IRS web site
at
irs.org. You will need some information from your 2002 tax return
to enter
into the form.
Can I deduct the purchase of a computer as education expenses?
Only if the college or university requires that you purchase to
computer
from them as a condition of enrollment.
How long will it take me to get
my refund?
If you file electronically and have your
refund deposited directly into
your bank account (checking or savings) you will usually receive
your refund
in about 2 weeks. The IRS cannot track the refund for 4 weeks.
If you are
filing electronically and having the IRS send you a check it will
be about 4
weeks before you receive your refund. If you are filing a paper
return it
will take 6 to 8 weeks to get your refund.
How can I find out the status
of my tax refund?
After 4 weeks if filing electronically and
8 weeks if filing paper call
800-829-4477
Why should I file my return electronically?
The best reason is that
you will get your refund much quicker. Another
reason is that your return will be processed more accurately resulting
in
less IRS correspondence.
