Education Tax Line Item

Kpas

Please add the specific tax line item for education expenses.

SRC54

Do you mean Form 8863? It appears that neither Classic nor Simplifi includes all the forms. So this probably needs to be made into a feature request. My guess is one of the coaches will see this and do it for you. But you can do it yourself. https://community.simplifimoney.com/categories/featurerequests

I do see that QC does include an "Unassigned Tax Item", which could be useful in Simplifi (I didn't find it).

In the meantime, I would define a category as "Education Credit" or some such (you probably already have) so you can keep up with your expenses.

I didn't like the Tax Form built into Simplifi because there was no way to export PDF or print it in a summary mode. I didn't need all the transactions just the bottom line.

So I created an income & expense report and filtered for the tax categories and saved it as "Tax Report 2026". I chose summary and now I can just print that at the end of the year and have what I need for my taxes.