Can I deduct room and board expense for college student dependent living with me?

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No. Room and board is not deductible. Only tuition and other educational expenses (such as textbook,etc) are.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Simple answer: No.

On exception: If you took a distribution from a 529 or ESA plan, then room &board would be qualified expenses to help keep the distribution earnings from being taxed.