The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Education Deductability Date:  1/19/2002  12:23 PM
Author:  cookedstock Number:  57364 of 123001

Ok, I know that there is some grey area out there on the deductability of tuition dollars spent. My wife and I both took college classes last year, and I am curious as to some opinions on if they would be deductible.

My wife is a teacher, and took classes that led to her masters degree. I am assuming that the mileage to drive to the class and the books would be deductible as well?

I am an assistant