| Publication 970 |
2000 Tax Year |
When Must Credit Be Repaid?
If, after you file your 2000 tax
return, you receive tax-free educational assistance for, or a refund
of, an expense you used to figure a Hope credit on that return, you
may have to recapture all or part of the credit. You must refigure
your Hope credit for 2000 as if the assistance or refund was received
in 2000. Subtract the amount of the refigured credit from the amount
of the credit you claimed. See the instructions for your 2001 tax
return for information about how and where to report the recapture.
Previous| First | Next
Publication Index | IRS-Forms Main | Home
|
