Where do I add my foreign exchange student?

derock901 — Wed, 05 Jun 2019 22:08:17 GMT

As IRS allows you to deduct your monthly expenses spent o...

LinaJ2018 — Mon, 23 Mar 2020 20:37:21 GMT

As IRS allows you to deduct your monthly expenses spent on hosting a foreign exchange student up to $50 a month, you will treat it as if donating cash to the charity. As the maximum amount for deduction is $50 a month, you will be allowed to claim up to $50x12=$600 for a year.

To enter the information, in TurboTax online edition, here are the steps:

Sign in to your account and select Pick up where you left off
At the upper right corner, In the search box, type in donations and Enter
Select the "Jump to donations" link in the search results.
Next screen, answer Yes to Did you make any donations to charity?
Next screen, answer No to the Its Deductible questions
Follow prompts

topic Where do I add my foreign exchange student? in Deductions & credits

Where do I add my foreign exchange student?

As IRS allows you to deduct your monthly expenses spent o...