<p>i notice on the irs website it says you can claim for books and college materials that has not been purchased directly from the college for the AOC just as long as the book and other material was required for the course so basically last year i brought books required for courses online on amazon.com that totaled up to $118, i have online invoices and bank statements to prove my purchase and i also i brought a online lab registration that cost $40 for a class that required it so i can login to a website to do lab assignments i have an online receipt in my student email and a bank statement proving i purchased this too is it ok to claim these stuff for the AOC credit?</p>
<p>*also for the online registration lab receipt i noticed on the receipt it has my password to that online lab registration i was wondering, if am able to claim this lab account and i had to show the irs the receipt is ok if i block out the password on the receipt?</p>
<p>The IRS doesn’t want to see your receipts. Just keep them for your records.</p>
<p>Usually it is assumed that a full-time college student spends about $1,000 a year on required books and supplies. If you try to claim something unusually large, that may raise eyebrows. </p>
<p>Unfortunately, for IRS tax credit and 529 account purposes, purchases of a computer and software are not considered an authorized higher education expense, unless they are specifically required that they be purchased by your academic program. (This is a change from a couple of years ago, when a computer and software were authorized expenses).</p>
<p>The answer to your first question is yes.
The answer to your second question is yes if it’s obvious it’s a password you blocked. Otherwise, don’t worry about an IRS auditor stealing a college lab password. Not only wouldn’t they steal it, but if they wanted to steal a password, it would most likely be one to something from which they could get a lot of money, such as a credit card account.
Keep your receipts in case you are audited.
A computer and software can be deducted if the college required you to have them. This sometimes applies to certain students and not others.</p>