Law School Discussion

Tax question

Tax question
« on: November 17, 2007, 11:48:38 AM »
random 1 L tax question.

Can 1Ls take the lifetime learning credit of 2K (20% of Ed. related expenses up to 2K)?  This would be ridiculously cool to be able to apply the LLC to my tax burden from my job for 9 months before law school...basically like getting a check for 2 grand which would, at this point, be VERYYYY helpful.


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Re: Tax question
« Reply #1 on: November 17, 2007, 12:45:00 PM »
I'm pretty sure you can;  I use turbo tax to do my taxes, and it's let me take the LLC for the last 2 yrs (I'm a 3L now).  If we're not supposed to take it, then I may have some tax issues at some point.   :-\


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Re: Tax question
« Reply #2 on: November 17, 2007, 01:16:16 PM »
Yes, you can take it.