in Education
You'll need to sign in or create an account to connect with an expert.
On the Iowa Form IA 1040 for tax year 2023 the home school expenses would have been entered on Line 9, Tuition and textbook credit for dependents K-12. In the TurboTax 2023 software for the state of Iowa there would have been a section where you would have been asked home school expenses.
The TurboTax Iowa state software for 2024 should also include the section asking about home school expenses
Go to this Iowa website for information on reporting the expenses - .Tuition and textbook credit for dependents K-12
Go to this Iowa website for a copy of the 2023 IA Form 1040 - https://revenue.iowa.gov/media/2746/download?inline
In the Iowa "Online" interview, I think you just enter your expenses in the regular Tuition & Textbook area.
Should be similar with the Desktop software. A sidebar explanation indicates that for non-public school dependents the education must be provided according to Iowa Code section 299A.1(2)(b), 299A.2 or 299A.3....which includes parent instruction.
BUT, I'm not an IA resident, nor am I conversant as to what textbooks expenses would be allowed. For instance, I was reading one review that indicated that the texts would have to be consistent with what the Public schools provide. For example: I suspect that religious textbooks, Bibles, Korans, etc. are not included...not sure what else might not be allowed to be included.
_____________________________________
Iowa Code section 299A.1(2)(b), 299A.2 or 299A.3...essentially indicates:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Liv2luv
New Member
in Education
mkbd11
New Member
MCD24
Level 1
fpho16
New Member
jason805sm
New Member
in Education