How do I claim disability income?

You must report as income any amount you receive for your disability through an accident or health insurance plan paid for by your employer: If both you and your employer have paid the premiums for the plan, only the amount you receive for your disability that is due to your employer's payments is reported as income. If you pay the entire cost of a health or accident insurance plan, do not [...]

Form 8846

How do I file a credit for employer Social Security and Medicare taxes paid on certain employee tips, Form 8846? Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips Certain food and beverage establishments (see Who Should File below) use Form 8846 to claim a credit for Social Security and Medicare taxes paid or incurred by the employer on certain employees' [...]

How do I claim Tax-Free Educational Assistance and Refunds of Qualified Expenses?

Tax-free educational assistance includes a tax-free scholarship, Pell Grant, or tax-free employer-provided educational assistance. You must reduce the total of your qualified expenses by any tax-free educational assistance and by any refunds of qualified expenses. If the refund or tax-free assistance is received in the same year in which the expenses were paid or in the following year before you [...]

How do I claim student loan interest?

Student Loan Interest DeductionYou may take this deduction only if all four of the following apply. You paid interest in the tax year on a qualified student loan (see below). Your filing status is any status except married filing separately. Your modified adjusted gross income (AGI) is less than a specified amount which is set annually You, or your spouse if filing jointly, [...]

What is the Lifetime Learning Credit?

The lifetime learning credit equals 20% of qualified expenses paid, up to a maximum of $10,000 of qualified expenses per return. Therefore, the maximum lifetime learning credit you can claim on your return for the year is $2,000, regardless of the number of students for whom you are claiming the credit. The amount of your credit is gradually reduced (phased out) if your MAGI is $90,000 for singe, [...]