are the expenses from home schooling tax deductible?

Answer 1

In general, no. According to the IRS:

"Qualified expenses do not include expenses for home schooling or for nonathletic supplies for courses in health or physical education.

There is no deduction for your child's home schooling expenses. These are nondeductible personal, living, or family expenses. Please refer to Publication 529, Miscellaneous Deductions."

http://www.irs.gov/publications/p529/index.html

You may take a charity donation tax deduction for donations to 501(C) non-profit homeschool organizations.

You can use a Coverdell Education Savings Account to pay for homeschool expenses, but like a Roth IRA, the contributions are not deductible. The interest gained is tax-sheltered, though.

Some states, such as Minnesota, allow you to deduct some homeschooling expenses from your state income taxes.

Answer 2

Your difficulty could desire to bea unique the place the college could desire to concern you a letter to be submitted at the same time with your tax return telling that having an place of work at your place is a could desire to and required by your employment settlement. if that's the case, you could declare ratio of the expenses you pay during the 12 months for working your place or residing house (complete expenses to run the residing house / squarage ratio of the place of work while in comparison with the total length of the residing house). understand that the residing house place of work expenses would be listed in schedule (A). you won't be able to deducted the so residing house place of work expenses rapidly out of your earnings, there's a rule for that. while you're married, the IRS provides you with a harm of $11400 (in 2009) as common deduction. in case you could not coach numbers to your place place of work expenses ($$$) greater beneficial than the 11K the total quantity of schedule A, it won't help you in any respect. it is going to likely be a waist of time.

Answer 3

I wish. We spend hundreds each year and I check every year to see if the laws have changed, but no, they're not deductible.

Answer 4

I really don't know but I'm just getting ready to begin my home schooling for next school year that's something I'm going to look into thanks will check out that web site

Answer 5

yes www.irs.gov can give you more information