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Was out of work on worker’s compensation last year (i.e. no reportable income) and I get standard deduction refund. However, I also had several thousand in education expenses and my refund doesn’t seem to increase. Why not?

Education Expense Workers Compensation
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Charles Woodson, EA
What is a "standard deduction refund" - standard deduction only helps your taxable income go down - it doesn't provide a refund by itself. If you have zero taxable income then you could be eligible for a college tuition credit that is partly refundable. The credit is based on tuition paid so your taxable income has no impact on the refundable portion.
Reply 307 weeks ago
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Michael Cash
If your income last year was from workers compensation you don't file a return at all so the rest of the question is irrelevant.
Leave a Comment 307 weeks ago

 

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