in Education
You'll need to sign in or create an account to connect with an expert.
You cannot deduct any type of education expense on your tax return since the student is not your dependent.
Sorry--no. That was a gift to her and gifts to individuals are not deductible.
Q. Can I deduct college tuition I paid for my adult daughter?
A. No, unless she is your dependent (unlikely).
But, she can claim it, on her tax return, even though you paid it. The usual rule in taxes is that she must have paid it to claim it, but there is an exception for education expenses.
Q. Can I deduct college tuition for money I loaned my daughter for school?
A. No, but she can.
There is not an actual deduction. Instead, the student claims a tax credit, calculated on the amount of tuition paid.
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.
LB4
New Member
in Education
catkik
Level 3
in Education
catkik
Level 3
in Education
jamdeuce
Level 1
victoriaict11
New Member
in Education