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Can I write off expenses for graduate school applications and traveling expenses for interviews?
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Can I write off expenses for graduate school applications and traveling expenses for interviews?
No, graduate school applications and traveling expenses for interviews, are not Qualified Education Expenses, per Publication 970, Tax Benefits for Education - IRS.gov.
Here are examples of what you can and can't deduct:
Generally, you can deduct:
- Tuition
- Enrollment fees
- Expenses paid to school, on condition of enrollment (lab fees, for example)
- Certain books, supplies, and course-related equipment
- Expenses listed above (for the following semester), as long as the semester begins in the first three months of 2017
- Education expenses paid with cash, checks, credit cards and savings accounts
- Education expenses paid with loans, gifts and inheritances
You cannot deduct:
- Room and board
- Fees for non-degree courses (sports, games or hobbies)
- Insurance
- Medical expenses or student fees
- Transportation or mileage
- Fees for maintaining or acquiring a license (broker, CPA, etc.)
- Tutoring expenses
- Private high school or grade school fees
- High school or private school uniforms
- Undergraduate and graduate application fees
- Daycare expenses
- Homeschool expenses
- Contributions to a student's Coverdell Education Savings Account
Related Information:
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Can I write off expenses for graduate school applications and traveling expenses for interviews?
No, graduate school applications and traveling expenses for interviews, are not Qualified Education Expenses, per Publication 970, Tax Benefits for Education - IRS.gov.
Here are examples of what you can and can't deduct:
Generally, you can deduct:
- Tuition
- Enrollment fees
- Expenses paid to school, on condition of enrollment (lab fees, for example)
- Certain books, supplies, and course-related equipment
- Expenses listed above (for the following semester), as long as the semester begins in the first three months of 2017
- Education expenses paid with cash, checks, credit cards and savings accounts
- Education expenses paid with loans, gifts and inheritances
You cannot deduct:
- Room and board
- Fees for non-degree courses (sports, games or hobbies)
- Insurance
- Medical expenses or student fees
- Transportation or mileage
- Fees for maintaining or acquiring a license (broker, CPA, etc.)
- Tutoring expenses
- Private high school or grade school fees
- High school or private school uniforms
- Undergraduate and graduate application fees
- Daycare expenses
- Homeschool expenses
- Contributions to a student's Coverdell Education Savings Account
Related Information:
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