Tax credits for full time students?

If your school is an eligible institution (and mails you a 1098 showing the tuition you paid) and you paid for the tuition from your own money, you can look at the new American Opportunity Credit. It's partially refundable--though full details are not available yet.

As of 2009, the American Opportunity Credit is available to taxpayers who went to school at least half-time. It is for persons who have not completed four years of post-secondary education. The credit is 100% of the first $2,000 and 25% of the second $2,000.

The credit reduces your taxes, which is not an issue for you as you owe no tax. However, up to 40% of the credit is refundable, for a maximum refund paid to you of $1,000. So check out if this applies to you.

are you looking for refundable credits??

If you only make $5000 last year, you will get all of your federal taxes back.

As far as refundable credits for students, there are none. I went to a tax place last year looking for some, and there were none available. However, I did not have a child and I was only 23, so that could affect it.

****had to edit, you can claim your tuition, but it will not help in your case.

the new credit for education in some cases does result in a refund but you will have to see the full extent of the credit before you can determine that

and unless you had income tax withheld from your income, there isn't anything to refund

it is possible that your earnings and a child may entitle you to some EIC, that also you need to examine to see how you qualify

You may be able to get the EITC because of your child and you made less than the limit. Use the IRS free-file to file your taxes for free, and they will help you get the biggest refund (and you won't be charges like at H&R Block).

But you won't be able to get any of the education credits because they are non-refundable. You won't owe tax anyway though.

there has been for stable some years, the wish and lifelong credit for college childrens, and now a clean prolonged one(the call slips my suggestions,some thing to do with possibility) that's a 4 year dilemma somewhat than the two year with wish and in specific situations probable a reimbursement