are college costs out of pocket deductable
are housing (on campus) and tuition deductible on your tax return that are paid out of pocket and not loans?
Thank you,
Douglas
are housing (on campus) and tuition deductible on your tax return that are paid out of pocket and not loans?
Thank you,
Douglas
Permalink Submitted by Alan - IRA critic on Tue, 2017-04-04 01:08
Education tax benefits are very complex. There are tax credits and deductions with different items covered based on the benefit chosen. There is no double dipping. See Appendix B here for a detailed summary: https://www.irs.gov/publications/p970/ar02.html#en_US_2016_publink1000255787