Can Parents claim tax credits for adult child's college fees

Berberis

Have an adult child aged 23, currently in the 2nd year of a postgraduate college course.

works part time to pay rent and food while studying. Earns approx €320 per week so PAYE and personal tax credits cover this so no or small amount tax is paid weekly.

We have helped with the college fees but as adult child is not earning enough to pay tax and get the benefit of the college fees credits, could I claim the tax credits for their college fees.

lordsheepface

the answer seems to be yes

relax carry on

Yes. All the information including that stipulation is on the Revenue website. Just read the information on the pages and follow the instructions to claim keeping in mind the disregard amaounts and qualifying conditions.

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/education/tuition-fees-paid-for-third-level-education/index.aspx

lordsheepface

not sure why link isnt showing up

https://revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/education/tuition-fees-paid-for-third-level-education/index.aspx

Xander10

https://www.boards.ie/discussion/2058278733/can-parents-claim-tax-credits-for-adult-childs-college-fees

If you pay for the course for the adult child, then yes.

Must be an approved post graduate course.

Relief is granted after deduction of disregarded amount. €1,500 for part time course and €3,000 for full-time course

Berberis

Cheers for replies. I'll look through the links and try and get the ball rolling.

Only hiccup might be that they claimed the credits last year, but as my original post explains, they would have got no benefit from them as we're not earning enough.

relax carry on

https://www.boards.ie/discussion/comment/120082113#Comment_120082113

Despite not getting any benefit from it, they should amend their incorrect tax return if they claimed for something where they did not meet the terms and conditions of the relief. IE claiming relief for something they didn't pay for.

Berberis

https://www.boards.ie/discussion/comment/120082145#Comment_120082145

Well technically they paid for it, as we just transferred money to their account for them to pay it.

That might be a problem for us to claim the tax relief now I suppose as payment receipts will be in their name.

Ah well live an learn I suppose. Such a shame as they have worked real hard last 6 years, doing **** low paid jobs while in college doing graduate and now post graduate.

The thought only came up when they asked me about how to claim back meds credits and during that discussion they mentioned how they had claimed for college fees online,but when I looked over it with them could see that the credits where of no benefit to them due to their low earnings.

Same thing is now happening with this new renters tax credit, which is no use to them due to low earnings.