Can we tax write off these or tax deduct, come tax time with receipts?
2007-04-26 09:36:02 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Are you a teacher? If not, then no. Must be job related,
2007-04-26 09:39:07 · answer #1 · answered by msbedouin 4 · 0⤊ 0⤋
No, unless you're a teacher. Then the school supplies may be deductible at least in part. The gas is a no-no regardless.
2007-04-26 10:34:36 · answer #2 · answered by Bostonian In MO 7 · 2⤊ 0⤋
School supplies can only be deducted if you actually bought them from the school (as opposed to from a bookstore). Transportation to school is not deductible.
For all the details of education-related deductions and credits, see IRS Publication 970, "Tax Benefits for Education"
2007-04-26 09:48:47 · answer #3 · answered by Anonymous · 2⤊ 2⤋
No, those aren't deductible. You can usually get a deduction or a credit though for tuition and fees for post-secondary education as long as it meets IRS requirements.
2007-04-26 15:45:11 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
usually no. you can use these items to help avoid paying income taxes on excess scholarship money that was above and beyond you tuition and book bill (like that happens, lol). Look into the Hope or Lifetime learning credits, they are great ways to save on your taxes if you qualify. If not those, try the tuition and fees deduction, which you don't have to itemize to get the deduction. This includes ALL fees, like the ones for the dorm if required to live on campus the first year.
2007-04-26 09:48:02 · answer #5 · answered by Patrick S 3 · 0⤊ 4⤋
Not gas, but school supplies sure, just remember your standard deduction may be worth more than the supplies on a long form. Going back and forth to work is not tax deductible
2007-04-26 09:43:45 · answer #6 · answered by dtwladyhawk 6 · 0⤊ 6⤋