tax question.....
mickeyrat
Posts: 37,903
If ya dont mind,
I paid out of pocket for truck driving school. Where on the 1040 do or can I deduct this expense? Under the education section or the job related expenses?
Much appreciated.
edit to fix a spelling error. maybe I shouldn't use the edu deduction!!!!!
I paid out of pocket for truck driving school. Where on the 1040 do or can I deduct this expense? Under the education section or the job related expenses?
Much appreciated.
edit to fix a spelling error. maybe I shouldn't use the edu deduction!!!!!
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Post edited by Unknown User on
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Assume thats education related form?
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
how is that supposed to help mickey??? :x
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
that's you own damn fault.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
"why don't you just tell me the name of the movie you'd like to see..."
You would think, a dude who wastes as much time out of his day HERE, would be willing to call for me. Jeez. Kids these days.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
www.cluthelee.com
www.cluthe.com
I'd wait and see if you receive a 1099-T. If not, I'd contact the school to ask about the tax CREDIT.
It is very unlikely that the tuition is deductible as an itemized deduction.
http://www.irs.gov/publications/p970/ch ... 1000178335
You may be able to deduct qualified education expenses paid during the year for yourself, your spouse, or your dependent(s). You cannot claim this deduction if your filing status is married filing separately or if another person can claim an exemption for you as a dependent on his or her tax return. The qualified expenses must be for higher education, as explained later under Qualified Education Expenses .
Eligible educational institution. An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U.S. Department of Education. It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. The educational institution should be able to tell you if it is an eligible educational institution.
Certain educational institutions located outside the United States also participate in the U.S. Department of Education's Federal Student Aid (FSA) programs.
What is the tax benefit of the tuition and fees deduction. The tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000.
This deduction is taken as an adjustment to income. This means you can claim this deduction even if you do not itemize deductions on Schedule A (Form 1040). This deduction may be beneficial to you if you do not qualify for the American opportunity or lifetime learning credits.
But you should have received the 1098-t form from your school in the mail.
SMILE Eddie Vedder Cleveland 06.....
can i charge myself a fee then claim it next year as income and deduct my expenses agaist it