Are school books deductible?

Answer For the purpose of claiming tuition and fees tax deductions, the IRS includes school books and other required materials for post-secondary schools as an allowed expense if the cost must be paid to ... Read More »

Top Q&A For: Are school books deductible

Are college books tax deductible?

College books are generally not tax deductible, as Kay Bell at explains. However, the Internal Revenue Service (IRS) states that books required for mandatory classes may qualify for th... Read More »

Are college books deductible?

Under the American Recovery and Reinvestment Act (ARRA), many students will qualify through 2012 for the American Opportunity Credit to pay for college supplies and textbooks. The maximum annual cr... Read More »

Are school taxes deductible?

School taxes are deductible on your federal tax return. They are local taxes based upon the value of a taxpayer's real property, typically a home. Deducted school taxes will be recorded on the Inte... Read More »

Are school fundraisers tax deductible?

School fundraisers, where students sell merchandise for a third-party and the school receives a portion of the proceeds, are not tax deductible. Even if the school sells items itself, it's typicall... Read More »