Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Re: Graduate Tuition
Graduate Tuition
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Jaime1
Level 1
01-28-2021
07:22 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Morning,
I took the itemized deduction on my 2018 return, the NY State said the graduate tuition is not deductible therefore I was hit with a penalty, my question is why Pro-connect didn't catch that.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
George4Tacks
Level 15
01-28-2021
10:52 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I assume you were taking this on Schedule A, Miscellaneous. The program believes you are aware of the laws relating to the entry of items in that area. e.g. Investment fees for a shelter investment account are not deductible, but for a taxable account they are.
If you believe the taxpayer met all of the requirements for these grad school expenses to meet the NYS requirements, then write a protest letter to the assessment.
The program is only a tool, not an auditor.
Answers are easy. Questions are hard!
