Can I claim full day Kindergarten tuition on taxes?
-
I was not aware that we could, but we got a form in the mail from the school thats titled, tax form. Its a public (but charter) school. half day kindergartemn was free, but we opt'd for full day which included a fee. When i was entering taxes on turbo tax lastnight it doesnt sound like we can claim this even though a tax form was sent. So I guess long story short, can we claim kindergarten fee's?
-
Answer:
When you claim preschool tuition on your taxes, it counts as a child care expense rather than as tuition-based education. According to Internal Revenue Service Publication 503, such tuition counts as a necessary expense if both parents (if filing jointly) must pay someone to care for their child while they work or look for a job. The IRS does not allow deduction for preschool when an at-home parent can care for the child. Up to 35 percent of the tuition can count toward the credit, as of 2010. Read more: Can You Claim Preschool Tuition on Your Taxes? | eHow.com http://www.ehow.com/facts_7259360_can-claim-preschool-tuition-taxes_.html#ixzz1n2QVLcrk
RIcky at Yahoo! Answers Visit the source
Other answers
If the reason u chose the full day option was to be able to work than u can claim the amount as a child dependent care credit
of course not
tro
I wish! My daughter is about to finish 8th grade. She's been in private school since Pre-k. At the end of the year, we would have already invested over $50k in her education!! I'd LOVE a tax break!
LoerB2
Related Q & A:
- Where can i download full music cds?Best solution by Yahoo! Answers
- Where can I watch full episodes of the Tyra Banks Show?Best solution by Yahoo! Answers
- Where can I watch full episodes of Friends online?Best solution by Yahoo! Answers
- Can I claim a tax rebate?Best solution by Yahoo! Answers
- Can i claim my petrol back on my own?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.