mohan
Level 3
12-06-2019
09:50 PM
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PRIVATE SCHOOL TUITION DEDUCTION
I heard TCJA allow Private school Tuition Deduction for school student. I did not able to find any rulues regarding this issue. Please let me know what is the form to claim the tuition on Federal Tax return 1040.
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TaxGuyBill
Level 15
12-06-2019
09:50 PM
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No, there is no deduction for K-12 schools on the Federal return.
However, the TCJA did change that Qualified Tuition Plans ("529 Plans") can now be used for K-12 private schools, so that is probably what you 'heard'. So if the taxpayer has contribute to a 529 plan, it can be withdrawn for K-12 private school tuition.
Level 15
12-06-2019
09:50 PM
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the devils in the details.
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