in Education
I'm enrolled in a bachelor's degree program which is online and a laptop with sufficient specifications is explicitly listed in the course requirements. I have read multiple articles and documents that suggest a laptop purchased for such an online degree program should qualify as a deduction, but my Turbotax desktop program seems to only offer the ability for me to enter required materials that I purchase directly from the educational institution. Does a deduction for a laptop I bought outside of school, but specifically for me to use in the degree program, actually exist? If so, how and where do I enter it? The Turbotax help is no help at all on this topic.
From help:
"Can I deduct a computer that I bought for school?
Yes, but only if you were required to buy it in order to attend class.
For example: If you're enrolled in an online program, you may be required to have a computer, which means you could deduct it. However, if you're using the computer simply out of convenience, then it most likely doesn't qualify as a deduction.Check your syllabus or ask your teacher if buying a computer is a requirement for their class if you're not sure.
Note: If it turns out you can deduct it, it doesn't matter how you paid for it. Eligible expenses can be deducted, whether they were paid out-of-pocket or through a student loan."
You'll need to sign in or create an account to connect with an expert.
There's no specific education deduction for a laptop. However, the laptop may qualify as educational expense for the purpose of either the American Opportunity Tax Credit and the Life Learning Tax Credit. A key condition for the Lifetime Learning Credit is that for the laptop to qualify, it must be purchased directly from the university.
A computer may qualify as an educational expense if it is necessary for enrollment or attendance, such as for an online university program.
Here's an article you may find helpful.
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.
mkippnick
New Member
in Education
shianna2022baker
New Member
in Education
brittanyburch
New Member
in Education
lgfinnews
New Member
in Education
honcho864
New Member