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Level 1

Does room and board also mean renting an a apartment or house.

I ve been living in a house but paying rent.
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Employee Tax Expert

Does room and board also mean renting an a apartment or house.

Yes, for educational expenses, room and board includes living off-campus. In either case, those expenses do not qualify for Education Credits, however. Qualifying expenses include Tuition, Fees and other related expenses. See this link,  Qualified Education Expenses for Education Credits: https://www.irs.gov/Individuals/Qualified-Ed-Expenses

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Employee Tax Expert

Does room and board also mean renting an a apartment or house.

Are you talking about educational expenses or something else?
Level 1

Does room and board also mean renting an a apartment or house.

yes for educational expenses. I know i had a student loan to help me cover for rent, utilities and food but i did not live on campus.
Highlighted
Employee Tax Expert

Does room and board also mean renting an a apartment or house.

Yes, for educational expenses, room and board includes living off-campus. In either case, those expenses do not qualify for Education Credits, however. Qualifying expenses include Tuition, Fees and other related expenses. See this link,  Qualified Education Expenses for Education Credits: https://www.irs.gov/Individuals/Qualified-Ed-Expenses