Tuition Deductible
January 1st, 2010
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Question: TAX Question – I paid my brother’s tuition fees for year of ’06. Lives in Canada. Is it TAX deductible
My brother studies in Canada. I paid $15,000 for his tuition for the year of 2006. I even paid expenses for my parents who live in Dubai. Can i write these amounts off in my taxes for 2006. I mean is there any way i can get some tax break for these amounts. Please let me know. Thanks in advance.
Answer: Assuming that they are not your dependents, then no you can’t write off the espenses.
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Helping Out for Dec. 30, 2009
Helping Out highlights some of the many charitable events and activities going on in the Charleston area. Submissions should be sent to dailyjournal@scbiznews.com .
Personal Financial Planning Tips : How to Use College Tuition as a Tax Deduction
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