What is the Tuition and Fees Deduction?
If you don't qualify for the American Opportunity Credit or the Lifetime Learning Credit, you might be eligible for the tuition and fees deduction.
This deduction can reduce your taxable income by up to $4,000. It's not available if you're using Married Filing Separately or if you're (or qualify to be) claimed as a dependent. The deduction may be reduced or eliminated at higher income levels.
To get the deduction, you must have paid qualified higher education expenses for yourself, your spouse, or a dependent on your return. You can't claim any expenses your dependent paid themselves.
Qualified expenses include tuition, course-related books, supplies, or equipment, enrollment and lab fees, and any other expenses required to enroll or attend an eligible educational institution. You can't claim room and board, extracurricular activities, student health fees, insurance, living expenses like food, housing, or transportation, or fees for noncredit or "fun" courses not required to earn the degree.
An eligible educational institution is any college, university, vocational school, or post-secondary educational institution eligible to participate in a student aid program administered by the US Department of Education (which is pretty much every accredited post-secondary educational institution).
When you enter your education-related expenses in TurboTax, we'll ask a bunch of questions to determine which education credit or deduction you qualify for. If you qualify for more than one, our Education Optimizer will choose the one that gives you the best outcome on your federal taxes. You can override our selection if you wish.