I purchased a laptop for school, Can I get a tax credit?

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I purchased a laptop for school, Can I get a tax credit?

I bought a laptop and was wondering if I could get a tax credit since it is required for college classes.

2007-02-25 05:40:51 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

2 answers

Generally, no. Unless the school required that you buy the laptop FROM THE SCHOOL as a condition of enrolling or attending the classes, you can't get a tax credit for it even if the school requires that all students have a laptop.

2007-02-25 05:44:43 · answer #1 · answered by Judy 7 · 1⤊ 0⤋

If you cashed bonds this year to pay for college, you can use the cost of the computer to offset the taxes you pay on the interest of the bonds.

2007-02-25 13:56:01 · answer #2 · answered by Anonymous · 0⤊ 2⤋