Symbols

529 plan (see Qualified tuition program (QTP))

, Cancellation of Student Loan

A

Academic period (see name of benefit)

Additional tax (see name of benefit)

Assistance (see Tax help)

Athletic scholarships, Athletic Scholarships

B

Bonds, education savings (see Education savings bond program)

Business deductions (see Work-related education, business deduction for)

C

Cancellation of student loan, Cancellation of Student Loan

Comments on publication, Comments and suggestions.

Contributions (see name of benefit)

Coverdell education savings account (see Coverdell ESA)

Coverdell ESA:

Additional tax

Distributions, Additional Tax on Taxable Distributions, Figuring the additional tax.

Excess contributions, Additional Tax on Excess Contributions, Contributions

Contributions, Contributions

Designated beneficiary, Designated beneficiary., Changing the Designated Beneficiary

Distributions, Distributions, Additional Tax on Taxable Distributions

Eligible educational institution

Elementary/secondary, Eligible elementary or secondary school.

Postsecondary, Eligible postsecondary school.

Expenses, qualified, Qualified Education Expenses, Qualified Elementary and Secondary Education Expenses

Family members, defined, Members of the beneficiary's family.

Income limits, Reduced limit., Figuring the limit.

Loss on investment, Losses on Coverdell ESA Investments

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI)., MAGI when using Form 1040.

Phaseout of contribution limit, Reduced limit., Figuring the limit.

Qualified education expenses

Elementary/secondary, Qualified Elementary and Secondary Education Expenses

Higher education, Qualified Higher Education Expenses

Related persons, defined, Members of the beneficiary's family.

Rollovers, Rollovers and Other Transfers

Tax benefit of, What is the tax benefit of the Coverdell ESA.

Taxability of, Taxable Distributions, Additional Tax on Taxable Distributions

Transfers, Rollovers and Other Transfers

What is an ESA, What Is a Coverdell ESA, Qualified Elementary and Secondary Education Expenses

Credit (see Hope credit; Lifetime learning credit)

D

Deductible business expenses (see Work-related education, business deduction for)

Dependent's expenses, claiming:

Hope credit, Who Can Claim a Dependent's Expenses, Hope Credit

Lifetime learning credit, Who Can Claim a Dependent's Expenses

Student loan interest deduction, Who Can Claim a Dependent's Expenses

Tuition and fees deduction, Who Can Claim a Dependent's Expenses

Designated beneficiary, change of, Changing the Designated Beneficiary, Changing the Designated Beneficiary

Distributions (see name of benefit)

E

Education credit (see Hope credit; Lifetime learning credit)

Education IRA (see Coverdell ESA)

Education loan (see Student loan interest deduction)

Education loan:

Cancellation of, Cancellation of Student Loan

Education savings account (see Coverdell ESA)

Education savings bond program:

Claiming the exclusion, Claiming the Exclusion

Eligible educational institution, Eligible educational institution.

Expenses, qualified, Qualified education expenses.

Figuring the tax-free amount, Figuring the Tax-Free Amount

Form 8815, illustrated,

Illustrated example, Illustrated Example,

Income limits, Modified adjusted gross income (MAGI)., Effect of the Amount of Your Income on the Amount of Your Exclusion

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI)., Who Can Cash In Bonds Tax Free

Phaseout of exclusion, Modified adjusted gross income (MAGI)., Effect of the Amount of Your Income on the Amount of Your Exclusion

Qualified education expenses, Qualified education expenses.

Who qualifies for exclusion, Who Can Cash In Bonds Tax Free

Education, work-related (see Work-related education, business deduction for)

Educational assistance, employer-provided, Employer-Provided Educational Assistance

Educational institution (see Eligible educational institution)

Eligible educational institution:

Cancellation of student loan, Eligible educational institution.

Coverdell ESA

Elementary/secondary, Eligible elementary or secondary school.

Postsecondary, Eligible postsecondary school.

Education savings bond program, Eligible educational institution.

Hope credit, Eligible educational institution.

IRA distributions, early, Eligible educational institution.

Lifetime learning credit, Eligible educational institution.

Qualified tuition program (QTP), Eligible educational institution.

Scholarships and fellowships, Eligible educational institution.

Student loan interest deduction, Eligible educational institution.

Tuition and fees deduction, Eligible educational institution.

Eligible student:

Hope credit, Who Is an Eligible Student, Enrolled at least half-time.

Lifetime learning credit, Who Is an Eligible Student

Student loan interest deduction, Eligible student.

Tuition and fees deduction, Who Is an Eligible Student

Employee business expenses (see Work-related education, business deduction for)

Employer-provided educational assistance, Employer-Provided Educational Assistance

Estimated tax, Important Reminders

Excise tax (see Additional tax under name of benefit)

Expenses (see Qualified education expenses)

F

Family members (see name of benefit)

Fee-basis officials, Performing Artists and Fee-Basis Officials

Fees, comprehensive/bundled, Comprehensive or bundled fees., Comprehensive or bundled fees., Comprehensive or bundled fees.

Fellowships (see Scholarships and fellowships)

Financial aid (see Scholarships and fellowships)

Form:

1098–E, Form 1098–E.

1098–T, Form 1098–T., Form 1098–T., Form 1098–T.

1099–Q, Exceptions., Earnings and basis., Earnings and return of investment.

1099–R, Reporting Early Distributions

2106, Form 2106 or 2106–EZ., Deducting Business Expenses

2106–EZ, Form 2106 or 2106–EZ., Deducting Business Expenses

2106–EZ, illustrated,

5329, Figuring the additional tax., Figuring the additional tax., Figuring the additional tax., Reporting Early Distributions

8815, MAGI when using Form 1040.

8815, illustrated,

8863, Claiming the Credit, Claiming the Credit

8863, illustrated, , ,

W–9S, Form 1098–T., Form 1098–T., Form 1098–E., Form 1098–T.

Free tax services, How To Get Tax Help

Fulbright grants, Fulbright Grants

G

Grants:

Fulbright, Fulbright Grants

Pell, Pell Grants and Other Title IV Need-Based Education Grants

Title IV need-based education, Pell Grants and Other Title IV Need-Based Education Grants

H

Help (see Tax help)

Highlights of Tax Benefits for Education for Tax Year 2003, Appendix A. Illustrated Example of Education Credits

Hope credit:

Academic period, Academic period.

Claiming the credit, Claiming the Credit

Dependent's expenses, claiming, Who Can Claim a Dependent's Expenses, Hope Credit

Eligible educational institution, Eligible educational institution.

Eligible student, Who Is an Eligible Student, Enrolled at least half-time.

Expenses, qualified , What Expenses Qualify, Expenses That Do Not Qualify

Fees, comprehensive/bundled, Comprehensive or bundled fees.

Figuring the credit, Figuring the Credit, Phaseout.

Form 8863, illustrated, ,

Illustrated example, Illustrated Example,

Income limits, Effect of the Amount of Your Income on the Amount of Your Credit, Phaseout.

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI).,

Phaseout of credit, Effect of the Amount of Your Income on the Amount of Your Credit, Phaseout.

Qualified education expenses, What Expenses Qualify, Expenses That Do Not Qualify

Recapture, When Must the Credit Be Repaid (Recaptured)

Refund of expenses, Refunds.

Tax benefit of, What is the tax benefit of the Hope credit.

Who can claim credit, Who Can Claim the Credit

Who cannot claim credit, Who Cannot Claim the Credit, Can You Claim the Credit

Who Is an Eligible Student? (flowchart),

I

Impairment-related work expenses, Impairment-Related Work Expenses

Important changes:

Education savings bond program, Important Changes for 2003, Important Change for 2003

Hope credit, Important Changes for 2003, Important Change for 2003

Lifetime learning credit, Important Changes for 2003, Important Changes for 2003

Limit on itemized deductions, Important Changes for 2003, Important Changes for 2003

Qualified tuition program (QTP), Important Changes for 2004, Important Change for 2004

Standard mileage rate, Important Changes for 2003, Important Changes for 2003

Tuition and fees deduction, Important Changes for 2004, Important Change for 2004

Work-related education, business deduction for, Important Changes for 2003, Important Changes for 2003

Interest deduction (see Student loan interest deduction)

Interest exclusion (see Education savings bond program)

IRA distributions, early:

Amount not subject to 10% tax, Figuring the Amount Not Subject to the 10% Tax

Eligible educational institution, Eligible educational institution.

Qualified education expenses, Qualified education expenses.

Reporting, Reporting Early Distributions

IRA, education (see Coverdell ESA)

K

Keeping records, Recordkeeping

L

Lifetime learning credit:

Academic period, Academic period.

Claiming the credit, Claiming the Credit

Dependent's expenses, claiming, Who Can Claim a Dependent's Expenses

Eligible educational institution, Eligible educational institution.

Eligible student, Who Is an Eligible Student

Expenses, qualified, What Expenses Qualify

Fees, comprehensive/bundled, Comprehensive or bundled fees.

Figuring the credit, Figuring the Credit, Lifetime Learning Credit

Form 8863, illustrated, ,

Illustrated example, Illustrated Example,

Income limits, Effect of the Amount of Your Income on the Amount of Your Credit, Lifetime Learning Credit

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI)., Lifetime Learning Credit

Phaseout of credit, Effect of the Amount of Your Income on the Amount of Your Credit, Lifetime Learning Credit

Qualified education expenses, What Expenses Qualify

Recapture, When Must the Credit Be Repaid (Recaptured)

Refund of expenses, Refunds.

Tax benefit of, What is the tax benefit of the lifetime learning credit.

Who can claim credit, Who Can Claim the Credit

Who cannot claim credit, Who Cannot Claim the Credit

Loans (see Cancellation of student loan; Student loan interest deduction)

M

Modified adjusted gross income (MAGI):

Coverdell ESA, Modified adjusted gross income (MAGI)., MAGI when using Form 1040.

Education savings bond program, Modified adjusted gross income (MAGI)., Who Can Cash In Bonds Tax Free

Hope credit, Modified adjusted gross income (MAGI).,

Lifetime learning credit, Modified adjusted gross income (MAGI)., Lifetime Learning Credit

Student loan interest deduction, Modified adjusted gross income (MAGI)., Figuring the Deduction

Tuition and fees deduction, Modified adjusted gross income (MAGI).,

More information (see Tax help)

P

Pell grants, Pell Grants and Other Title IV Need-Based Education Grants

Penalty (see Additional tax under name of benefit)

Performing artists, Performing Artists and Fee-Basis Officials

Publications (see Tax help)

Q

QTP (see Qualified tuition program (QTP))

Qualified education expenses:

Coverdell ESA

Elementary/secondary, Qualified Elementary and Secondary Education Expenses

Higher education, Qualified Higher Education Expenses

Education savings bond program, Qualified education expenses.

Hope credit, What Expenses Qualify, Expenses That Do Not Qualify

IRA distributions, early, Qualified education expenses.

Lifetime learning credit, What Expenses Qualify

Qualified tuition program (QTP), Qualified education expenses.

Scholarships and fellowships, Qualified education expenses.

Student loan interest deduction, Qualified Education Expenses

Tuition and fees deduction, What Expenses Qualify

Work-related education, business deduction for, Deductible expenses., No Double Benefit Allowed

Qualified state tuition program (see Qualified tuition program (QTP))

Qualified student loan (see Student loan interest deduction)

Qualified tuition program (QTP):

Additional tax, Additional Tax on Taxable Distributions

Beneficiary, designated, Designated beneficiary.

Contributions, How Much Can You Contribute

Designated beneficiary, Designated beneficiary., Changing the Designated Beneficiary

Distributions, taxability of, Are Distributions Taxable, Figuring the Taxable Portion of a Distribution

Eligible educational institution, Eligible educational institution.

Expenses, qualified, Qualified education expenses.

Family members, defined, Members of the beneficiary's family.

Loss on investment, Losses on QTP Investments

Qualified education expenses, Qualified education expenses.

Related persons, defined, Members of the beneficiary's family.

Rollovers, Rollovers and Other Transfers

Tax benefit of, What is the tax benefit of a QTP.

Taxability of, Are Distributions Taxable, Figuring the Taxable Portion of a Distribution

Transfers, Rollovers and Other Transfers

What is a QTP, What Is a Qualified Tuition Program

Qualified tuition reduction, Qualified Tuition Reduction

Qualifying work-related education, Qualifying Work-Related Education, Teaching and Related Duties

R

Recapture (see name of benefit) (see name of education benefit)

Recordkeeping, Recordkeeping

Refund of expenses (see name of benefit)

Related persons (see name of benefit)

Rollovers (see name of benefit)

S

Savings bond program, education (see Education savings bond program)

Scholarships (see Scholarships and fellowships)

Scholarships and fellowships:

Athletic, Athletic Scholarships

Eligible educational institution, Eligible educational institution.

Fulbright grants, Fulbright Grants

IRA contributions, Important Reminder

Pell grants, Pell Grants and Other Title IV Need-Based Education Grants

Qualified education expenses, Qualified education expenses., Expenses that do not qualify.

Qualified tuition reduction, Qualified Tuition Reduction

Reporting, Reporting Scholarships and Fellowships

Scholarship prizes, Scholarship prizes.

Service academy cadets, Payment to Service Academy Cadets

Tax-free, Tax-Free Scholarships and Fellowships, Veterans' Benefits

Taxable, Taxable Scholarships and Fellowships, Scholarships and Fellowships

Title IV need-based education grants, Pell Grants and Other Title IV Need-Based Education Grants

Veterans' benefits, Veterans' Benefits

Section 529 plan (see Qualified tuition program (QTP))

Service academy cadets, Payment to Service Academy Cadets

Student aid (see Scholarships and fellowships)

Student loan interest deduction

Related persons, defined, Related person.

Student loan interest deduction:

Academic period, Academic period.

Claiming the deduction, Claiming the Deduction

Deductible interest, Include As Interest, Do Not Include As Interest

Dependent's expenses, claiming, Who Can Claim a Dependent's Expenses

Eligible educational institution, Eligible educational institution.

Eligible student, Eligible student.

Expenses, qualified, Qualified Education Expenses

Figuring the deduction, Figuring the Deduction, Claiming the Deduction

Income limits, Effect of the Amount of Your Income on the Amount of Your Deduction, Claiming the Deduction

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI)., Figuring the Deduction

Phaseout of deduction, Effect of the Amount of Your Income on the Amount of Your Deduction, Claiming the Deduction

Qualified education expenses, Qualified Education Expenses

Qualified interest, Include As Interest, Do Not Include As Interest

Qualified student loan, Qualified Student Loan

Who can claim deduction, Can You Claim the Deduction

Student loan, cancellation of, Cancellation of Student Loan

Suggestions for publication, Comments and suggestions.

T

Tables:

Changes in Allowable Deduction Period for Student Loan Interest,

Comparison of Education Credits, ,

Coverdell ESA at a Glance, Qualified Education Expenses

Coverdell ESA Contributions at a Glance, Contribution Limits

Coverdell ESA Distributions at a Glance,

Effect of MAGI on Student Loan Interest Deduction,

Highlights of Tax Benefits for Education for Tax Year 2003, Appendix A. Illustrated Example of Education Credits

Student Loan Interest Deduction at a Glance,

Taxability of Scholarship and Fellowship Payments,

Tuition and Fees Deduction at a Glance,

Tax help, How To Get Tax Help

Tax:

Estimated, Important Reminders

Withholding, Analyzing your tax withholding.

Taxpayer Advocate, Contacting your Taxpayer Advocate.

Title IV need-based education grants, Pell Grants and Other Title IV Need-Based Education Grants

Transfers (see name of benefit)

TTY/TDD information, How To Get Tax Help

Tuition and fees deduction:

Academic period, Academic period.

Claiming the deduction, Claiming the Deduction

Dependent's expenses, claiming, Who Can Claim a Dependent's Expenses

Eligible educational institution, Eligible educational institution.

Eligible student, Who Is an Eligible Student

Expenses, qualified, What Expenses Qualify

Fees, comprehensive/bundled, Comprehensive or bundled fees.

Figuring the deduction, Figuring the Deduction, Effect of the Amount of Your Income on the Amount of Your Deduction

Income limits, Effect of the Amount of Your Income on the Amount of Your Deduction

Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI).,

Qualified education expenses, What Expenses Qualify

Recapture, When Must the Deduction Be Repaid (Recaptured)

Refund of expenses, Refunds.

Tax benefit of, What is the tax benefit of the tuition and fees deduction.

Who can claim deduction, Who Can Claim the Deduction

Who cannot claim deduction, Who Cannot Claim the Deduction

Tuition program, qualified state (see Qualified tuition program (QTP))

Tuition reduction, qualified, Qualified Tuition Reduction

V

Veterans' benefits, Veterans' Benefits

W

Withdrawals (see Distributions under name of benefit)

Withholding, tax, Analyzing your tax withholding.

Work-related education, business deduction for:

Allowances, How To Treat Reimbursements, Nonaccountable Plans

Bar review course, Bar or CPA Review Course

CPA review course, Bar or CPA Review Course

Deducting, Deducting Business Expenses

Employees, Employees, Deducting Business Expenses

Expenses, qualified, Deductible expenses., No Double Benefit Allowed

Fee-basis officials, Performing Artists and Fee-Basis Officials

Illustrated example, Illustrated Example,

Impairment-related work expenses, Impairment-Related Work Expenses

Performing artists, Performing Artists and Fee-Basis Officials

Qualifying education

Does Your Work-Related Education Qualify? (flowchart), Education Required by Employer or by Law

Improving skills, Education To Maintain or Improve Skills

Indefinite absence, Indefinite absence.

Maintaining skills, Education To Maintain or Improve Skills

Minimum job requirements, Education To Meet Minimum Requirements, Certification in a new state.

New trade or business, Education That Qualifies You for a New Trade or Business, Teaching and Related Duties

Required by employer or law, Education Required by Employer or by Law

Teaching, Requirements for Teachers, Certification in a new state., Teaching and Related Duties

Temporary absence, Temporary absence.

Qualifying expenses, Deductible expenses., No Double Benefit Allowed

Recordkeeping, Recordkeeping

Reimbursements, Unclaimed reimbursement., How To Treat Reimbursements, Nonaccountable Plans

Self-employed persons, Self-Employed Persons

Tax benefit of, What is the tax benefit of taking a business deduction for work-related education.

Transportation expenses, Transportation Expenses, Deductible Transportation Expenses

Travel expenses, Travel Expenses, Travel as Education

Worksheets:

Coverdell ESA Contribution Limit,

Coverdell ESA Contribution Limit — Illustrated,

Coverdell ESA — Taxable Distributions and Basis, , Additional Tax on Taxable Distributions

MAGI for a Coverdell ESA,

MAGI for the Hope Credit,

MAGI for the Lifetime Learning Credit,

MAGI for the Tuition and Fees Deduction,

Student Loan Interest Deduction Worksheet,

Taxable Scholarship and Fellowship Income,