Will I be able to use tuition paid in Dec. 2005 for spring semester 2006 for my 2006 Lifetime Learning Credit?
396665
As an individual you are considered a cash basis taxpayer.  Therefore, you can deduct expenses only in the year paid unless an exception is given by the IRS.  An example of an exception is that you can make an IRA contribution for the previous year in the year the tax return is prepared if the contribution is made prior to the due date of the return.  There is not an exception to the rule for tuition payments.  So, sorry, the mess up cost you an additional credit.
873282
i think at the end of the semester.  around christmas maybe???
353372
No. Your best bet is your employer giving you tuition reimbursement. You could ask the local banks around your area. But I doubt it.
407202
Yes but you will have to wait until next summer, so you could potentially waste of a year of your life.  Also, some coursework may have to be re-done.  Better to pass them first time round!
1005399
im not sure, but it should be soon bcoz it is stated in the website. it said fall 2006
856852
Register with LIC website.  Then they will show you the details like due date for payment and other details.  Their weblink is given below.\n\nhttp://www.licindia.com/
247798
It depends on the quarter and whether or not you are a California resident. There's information on tuition and fees at:\nhttp://www.registrar.ucsb.edu/
347794
Study the 2000, 2001, 2002, 2003, 2004, 2005 ones and they should prepare you for the 2006 one :-)
522477
I'm graduating from HS.... c/o 2006
74388
If you are taking classes that directly benefit your business then you can take it as a full business expense.\n\nTo take it as a deduction from regular income you must be the primary income earner or spouse (filing jointly) you CANNOT be a dependent. "The tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000." It comes right off the top of your income and you don't need to itemize to take it. You need to file form A along with the 1040 long form. You might also want to check and see if you qualify for the HOPE or Lifetime learning deduction. Check out the IRS site below.
783157
You should ask your school how they do it.\nWhen I got a scholorshop for the year ($10000).  They applied $5000 to my tuition for the fall semester, and the remaining $5000 for the spring semester.\n\nIf your school does the same, u might only get half of what your expecting this semester.  If they already gave the full amount, you should ask them about it.  Every school has different procedures.
1077599
yes, but usually it is not used at traditional universities. If you are doing program through distance learning universities i.e. devry, univ. of Pheonix, nova southeastern university, etc. You can get credit for personal experience
1066049
Yes.......usually there will be money left over after tuition is paid that can go towards your books and other expenses.
90794
Yes, check with your lenders. It doesnt matter if your semester started or not as long as your enrolled. However b careful some lenders won't send the money directly to you but instead to the school.
1083385
It all depends.  I got my first disbursement of my Stafford loan yesterday.  The way it works is, if you still owe money for your classes they will deduct that cost, then send you the balance.  You do not get the money until after you have been in classes for a few weeks.  Do you get a Pell grant too?  If so that usually pays for all of your semester classes and books.  I always get a refund from that too.  That check comes about a month into the semester.  You can get the information from your local college by calling the financial aid office.  They can help you over the phone if you give them your ssn.
933707
If you're using the 2007-8 year FAFSA then your financial aid officer will put an estimate of your income based on your 2005 return on the fafsa. When you have your 2006 returns your financial aid officer will update your FAFSA application.  But I believe you can still use your 2006 FAFSA if  you sign up for school before 2007.
1082165
If it's for college file a FASFA report online. You will need your tax return information for 2005.