What Type Of Education Expenses Are Tax Deductible? (Tax Deductions For College Students) - 2018

Описание: What Type Of Education Expenses Are Tax Deductible? In this video we will discuss 2018 Tax Deductions For College Students. With the cost of education being higher than ever it is more important than ever before to know what education expenses you can deduct on your tax return.

Knowing what type of qualified education expenses are tax deductible will allow you to take advantage of the American Opportunity tax credit and life time learning credit.


Video Outline and Time Stamps so you can quickly jump to any topic:

• How to deduct education expenses on your tax return - 0:35
• IRS Publication 970 - 1:04
• What education fees are tax deductible? - 1:25
• College book tax deductions - 1:45
• What are related education expenses? - 1:57
• Is a computer tax deductible education expense? - 2:42
• What education expenses are not tax deductible? - 4:13
• Regarding tax-free money and education expenses - 5:22
• How to determine if an education expense is tax deductible if you
are unsure? - 6:00
• Important rules regarding education tax deductions - 7:21
• Regarding Eligible Higher Education Institution - 8:19
• Who is an eligible student? - 8:55


♦ Here is our education deduction video playlist which I mentioned in this video: https://goo.gl/HSXhAo

♦ IRS Publication 970 can be found here: https://www.irs.gov/pub/irs-pdf/p970.pdf

♦The Federal School Code List (Complete listing): https://ifap.ed.gov/ifap/fedSchoolCod...


Check out some of our other videos and playlists here:

♦ Investing in the stock market!: https://goo.gl/yVAoES

♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj

♦ Learn more about how federal income taxes work: https://goo.gl/D1hCX1

♦ Ways to improve your life at any age: https://goo.gl/uq72bu
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**Disclaimer**

All of the information in this video is presented for educational purposes only and should not be taken as financial, tax, or investing advice by any means. I am not a financial adviser. Although I am a CPA I cannot advise someone for tax purposes without knowing their complete tax situation.

You should always do your own research before implementing new ideas or strategies. If you are unsure of what to do you should consider consulting with a financial adviser or tax accountant such as an Enrolled Agent, or Certified Public Accountant in the area in which you live.

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