My son is in college, his mother pays the tuition and has asked me to put $5000 per year in a bank account for his living expenses (Lioncash). Can I deduct that $5000?

I just want to know if and how to deduct the $5000 per year I'm paying for my son's college living expenses

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My son is in college, his mother pays the tuition and has asked me to put $5000 per year in a bank account for his living expenses (Lioncash). Can I deduct that $5000?

No. Nobody can deduct living expenses.

**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.**

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