I am wondering if anyone here could provide some information about filing taxes as a student? It's my first year doing it, and I am wondering what tax breaks I am eligible for. I have been reading "this"[/URL] but I'm not quite sure which items I benefit for and which will give me the most benefit! I figured there must be a few students on here who file. Any help would be appreciated! :D I only earned $700 in income last year (workstudy) and everything else was loans and grants. My questions are: 1. Do I qualify for a tax credit AND a tax deduction? 2. Will a tax deduction even do anything for me? 3. What credit/deduction is the best for most students? 4. Can I use a 1040EZ with a credit/deduction or must I file a 1040A? 5. Did the stimulus bill/education bill provide anything new for this year?