04-13-2005, 05:16 PM
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 Re: Education Expense <akosonom[at]gmail.com> wrote: - quote - > My wife got a form 1098-T where it shows the amount of money
To encourage math education Congress has enacted a whole> she paid to a University for Education Expenses. Will we be > able to deduct this from our tax return or only part of it? > Is there a limit to how much money you can deduct? bunch of different choices for how to treat higher education expenses. Sharpen your pencil, get out a calculator, and go through IRS Publication 970 to find out which treatment will be best for you. Don't forget to include the effect on your state tax. -- Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
04-11-2005, 09:27 PM
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| Education Expense My wife got a form 1098-T where it shows the amount of money she paid to a University for Education Expenses. Will we be able to deduct this from our tax return or only part of it? Is there a limit to how much money you can deduct? Any help or guidance would be greatly appreciated Thanks AK << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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