- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can I write off edu. expenses as self-employed deduction funded by a non-taxed scholarship?
I have a side gig, and I'm enrolling in a Master's program related to that line of work, so I know theoretically I can write off my tuition as a deduction. I've also received a big scholarship, part of which I will use for tuition (non-taxed) and part of which I will use for living expenses (taxable). Even though I'm using a scholarship to pay my tuition, can I still write the tuition off as a deduction to my side business, or can I only write it of if it's funded by taxable income?
Topics:
March 10, 2022
5:47 AM