Deductions & credits


@salbrecht0626 wrote:

McGill only offers dorms to 1st year students. She has no choice but to have an apartment. With no other options I would think that all or a portion of what I pay would be deductible.


IRS website for Qualified Education Expenses - https://www.irs.gov/credits-deductions/individuals/qualified-ed-expenses

Expenses that Do Not Qualify

Even if you pay the following expenses to enroll or attend the school, the following are not qualified education expenses:

  • Room and board
  • Insurance
  • Medical expenses (including student health fees)
  • Transportation
  • Similar personal, living or family expenses