Daycare.com Forum
Daycare and Taxes>Is Any Portion of Tuition a Tax Write-Off?
LittleScholars 09:34 AM 08-17-2016
Prior to opening my daycare I was fairly close to finishing my masters in literacy birth-6th grade/child education. I'd like to start finishing that up. Is any portion of coursework related to this field a tax write-off?
Thank you!
Thank you!
Blackcat31 09:53 AM 08-17-2016
Originally Posted by LittleScholars:
Prior to opening my daycare I was fairly close to finishing my masters in literacy birth-6th grade/child education. I'd like to start finishing that up. Is any portion of coursework related to this field a tax write-off?
Thank you!
http://tomcopelandblog.com/education-costs-deductiblePrior to opening my daycare I was fairly close to finishing my masters in literacy birth-6th grade/child education. I'd like to start finishing that up. Is any portion of coursework related to this field a tax write-off?
Thank you!
LittleScholars 11:25 AM 08-17-2016
Originally Posted by Blackcat31:
http://tomcopelandblog.com/education-costs-deductible
Woo hoo!! Thank you!! This is awesome! http://tomcopelandblog.com/education-costs-deductible
I really need to get in the habit of checking his website/blog. There is such great info on there!!
daycarediva 10:42 AM 08-18-2016
follow him on facebook too, he is amazing!
LittleScholars 07:23 AM 08-19-2016
Originally Posted by daycarediva:
follow him on facebook too, he is amazing!
So smart! Done!follow him on facebook too, he is amazing!
LittleScholars 11:33 AM 04-03-2017
Now that I'm finalizing my taxes, it is unclear whether I should be able to write off 100% of my qualified education expenses, or if only a portion of this can be written off.
However my accountant entered it, only something like $304 of $1056 was written off. Does that sounds correct? The article didn't speak to that (unless I missed it).
However my accountant entered it, only something like $304 of $1056 was written off. Does that sounds correct? The article didn't speak to that (unless I missed it).