What are qualifying expenses for student in illinois? does all the medical copays for physicals count and glasses?

arronellis — Tue, 04 Jun 2019 18:51:39 GMT

No, medical copays and glasses would not count for the Ed...

Anita01 — Tue, 04 Jun 2019 18:51:40 GMT

No, medical copays and glasses would not count for the Education credit in IL. You could, however, deduct these expenses paid for your dependents as medical expenses on your Federal Itemized deductions. Medical expenses on the federal return, though, are only deductible for the amount you spend over 7.5% of your adjusted gross Income for the year.

In general, qualified education expenses are the amounts paid in excess of $250 for tuition, book fees, and lab fees at the school where the student is enrolled in kindergarten through twelfth grade during the regular school year.

Specifically, qualified education expenses include

-the amount of tuition (including summer school classes required for elementary or secondary graduation requirements).

-book fees paid for the rental of books that were required as a part of the school’s education program.

-lab fees paid for the use of supplies, equipment, materials, or

-instruments that were required as part of a lab course in the school’s education program. For example, if you rented a musical instrument from the school (not from a business) for a class, or for participation in an extracurricular activity that resulted in a credit toward completion of the school’s education program, this rental expense qualifies as an education expense.

topic What are qualifying expenses for student in illinois? does all the medical copays for physicals count and glasses? in Education

What are qualifying expenses for student in illinois? does all the medical copays for physicals count and glasses?

No, medical copays and glasses would not count for the Ed...