Can you deduct private school tuition?
Credit:EchoCulturaGetty Images
Q:

Can you deduct private school tuition?

A:

Quick Answer

The U.S. Internal Revenue Service does not allow an income-tax deduction for private school tuition, according to Publication 970 (2013), Tax Benefits for Education. However, the IRS considers qualifying "tuition reductions" as tax-exempt in certain situations.

 Know More

Full Answer

If a person receives a tuition reduction for education below the college level (including primary, secondary or high school), the IRS considers it to be a qualified tuition reduction, and therefore not subject to income tax under the following conditions. The person is an employee of the educational institution, or the person is an employee of the institution but retired or left on disability. He is a widow or widower of someone who died while an employee of the institution or who retired or left on disability, or he is the dependent child or spouse of someone described in one of the other conditions.

Learn more about Taxes
Sources:

Related Questions

  • Q:

    What is IRS Publication 515?

    A:

    Publication 515 from the Internal Revenue Service instructs withholding agents on how to calculate, report and pay taxes on behalf of foreign entities, including nonresident aliens and foreign corporations. An example of a withholding agent is a bank that pays interest income to an account holder.

    Full Answer >
    Filed Under:
  • Q:

    Is Catholic school tuition tax-deductible?

    A:

    Catholic school tuition is not deductible on a U.S. income tax return. To be deductible, the school would have to provide post-high school education, according to the Internal Revenue Service.

    Full Answer >
    Filed Under:
  • Q:

    How do you skip a grade in school?

    A:

    A student's ability to skip a grade usually is determined by school administrators who consider the student's IQ, which should be at least 130, according to the Johns Hopkins School of Education. The student's parents also should favor the acceleration.

    Full Answer >
    Filed Under:
  • Q:

    Is a Pacific High School online diploma good to use?

    A:

    Pacific High School Online Education program is an internationally accredited institution, and its diplomas are accepted by colleges and employers as proof of high school completion. It teaches classes for students on every continent.

    Full Answer >
    Filed Under:

Explore