Answered: the devils in the details.

mohan · ‎12-06-2019

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.

TaxGuyBill · ‎12-06-2019

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 So if the taxpayer has contribute to a 529 plan, it can be withdrawn for K-12 private school tuition.

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TaxGuyBill · ‎12-06-2019

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 So if the taxpayer has contribute to a 529 plan, it can be withdrawn for K-12 private school tuition.

Just-Lisa-Now- · ‎12-06-2019

the devils in the details.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Private School Tuition Credit.

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