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My laptop will not cut it for my online schooling. Can I write a computer purchase off as a tax expense if it is for school?
I currently have an older laptop that will not run some of the materials I will need for my course work. I would be using the PC for personal use as well.
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My laptop will not cut it for my online schooling. Can I write a computer purchase off as a tax expense if it is for school?
Yes, computers and soft ware are qualified expenses for the education credits.
The rule is: if your computer is a necessary requirement for enrollment or attendance at an educational institution, the IRS deems it a qualifying expense. If you are using the computer simply out of convenience, it most likely does not qualify for a tax credit.
That language is a little wishy washy, but everybody who buys a computer while going to school is going to count it.