The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-may-look-into-starting-clases-on-jan-semester-15946547.aspx

Subject:  Re: Is grad school tuition tax deductible? Date:  10/18/2001  12:35 AM
Author:  pmarti Number:  54687 of 121563

I may look into starting clases on Jan semester. Is grad school tuition tax deductible?

Sometimes. See IRS Publication 508 if your grad school is work-related. See Publication 970 for information about the Lifetime Learning Credit, which does apply to grad school expenses. (There's also information in there about prepaid expenses.)

Phil Marti
VITA Volunteer
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us