Can i deduct the $5,000 used for seminar and travel expenses incurred in pursuit of my PhD?

Forum|Forum|7 years ago
June 1, 2019
1 reply
6 views

the university approved these expenditures, gave me the money, and i then paid them. my 1098-T shows $12,785 in box 5 and only $90.69 of expenses in box 1. of the above $12,785 probably $5,000 of which was used to pay these expenses directly related to my pursuit of the Phd. .

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ScruffyCurmudgeon

Alumni - Champ

IRS STATEMENT:
https://www.irs.gov/charities-non-profits/private-foundations/grants-to-individuals

https://www.irs.gov/taxtopics/tc421 states that grants for travel and Room&Board are taxable

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