So this past year, I have held 2 jobs. One was a part-time job while going to school. Other was a tech summer internship. I am 22 years old, so my parents can claim me as a dependent. You can say my combined earnings for the year 2017 will be approximately $20,000.
During this year, I have paid $3600 for my last semester of undergrad and $9500 for my first semester of grad school. These expenses have been paid through my parents entirely and no student loans were necessary to be taken out to pay them.
When I checked the tax credit estimator and entered these details, I was looking at around $1400 in tax refunds. My college expenses didn't seem to make any difference because I was not paying my tuition through student loans. Is it true that no tax refunds will be given if I did not need to take out a loan to pay for my college expenses?