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upasternak
New Member

My daughter is starting college in august 2017. we had registration fees and housing deposits in 2016, can we deduct them?

 
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Bsch4477
Level 15

My daughter is starting college in august 2017. we had registration fees and housing deposits in 2016, can we deduct them?

While qualified education expenses paid in 2016 for 2017 can be used for education credit, the expenses you post are not qualified expenses.  Generally, tuition and books for American Opportunity Credit and tuition for Lifetime Learning Credit are qualified expenses.

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2 Replies
Bsch4477
Level 15

My daughter is starting college in august 2017. we had registration fees and housing deposits in 2016, can we deduct them?

While qualified education expenses paid in 2016 for 2017 can be used for education credit, the expenses you post are not qualified expenses.  Generally, tuition and books for American Opportunity Credit and tuition for Lifetime Learning Credit are qualified expenses.

upasternak
New Member

My daughter is starting college in august 2017. we had registration fees and housing deposits in 2016, can we deduct them?

thank you!

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