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clarktheshark110
New Member

Why am I being told to take the Standard Deduction when my deductible school expenses were higher?

I want to deduct some of my school expenses (books, tuition, etc.), but I keep being told to take a standard deduction instead. Why is this?
1 Best answer

Accepted Solutions
KrisD
Intuit Alumni

Why am I being told to take the Standard Deduction when my deductible school expenses were higher?

The standard deduction does not involve education expenses.

The standard deduction is taken if the Itemized Deductions on Schedule A for the following do not add up to be more than the standard deduction, which for tax year 2016 is $6,300 single, $12,600 Married Filing Jointly:

Medical expenses over 10% of Adjusted Gross Income

Other taxes paid, such as State and local taxes

Home mortgage interest paid

Charitable donations

Casually loss

Job expenses over 2% of Adjusted Gross Income

Other miscellaneous deductions.

EDUCATION EXPENSES are not included, they are used for a separate Education Credit (such as the American Opportunity Tax Credit, or Lifetime Learning Credit) or the Tuition and Fees deduction.




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3 Replies
KrisD
Intuit Alumni

Why am I being told to take the Standard Deduction when my deductible school expenses were higher?

The standard deduction does not involve education expenses.

The standard deduction is taken if the Itemized Deductions on Schedule A for the following do not add up to be more than the standard deduction, which for tax year 2016 is $6,300 single, $12,600 Married Filing Jointly:

Medical expenses over 10% of Adjusted Gross Income

Other taxes paid, such as State and local taxes

Home mortgage interest paid

Charitable donations

Casually loss

Job expenses over 2% of Adjusted Gross Income

Other miscellaneous deductions.

EDUCATION EXPENSES are not included, they are used for a separate Education Credit (such as the American Opportunity Tax Credit, or Lifetime Learning Credit) or the Tuition and Fees deduction.




Lindsey61
New Member

Why am I being told to take the Standard Deduction when my deductible school expenses were higher?

Why cant I deduct my family education expenses this year? 

xmasbaby0
Level 15

Why am I being told to take the Standard Deduction when my deductible school expenses were higher?

@Lindsey61 Please clarify what you are asking.  You have posted to this thread and started another one--neither one is clear.  We do not know what you are trying to ask about.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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