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Old 02-16-2008   #2 (permalink)
CaroleLB
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Join Date: May 2003
Location: New Jersey
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Quote:
Originally Posted by Mercy View Post
Can someone explain the Hope Credit in simple terms. I've read about it, but it isn't getting thru my head. Is this for money actually paid out, or does it include loans taken for college?

Sorry, I'm just not getting it
From what little I understand it is what you paid. The formula execeeds my bare minimum math comprehension.

All I remember is that I received the form, for my daughter, from the school.
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