Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<< A friend is deducting application fees paid to colleges for applying to graduate schools. She's also including amount spent on study guides for entrance exams, FedEx costs for mailing applications, airline fares to visit schools, etc. (She has copies of cancelled checks and receipts)
Is this possible and where on the 1040 form does one deduct all this? >>

I hope your friend isn't gong for a Mesters in taxation. She's either woefully ignorant or cheating. These are not deductible expenses. If she's ignorant, educate her. If she's cheating, watch her.

Phil Marti
Tax Preparer
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.