Qualified Higher Education Expense

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Qualified Higher Education Expense

Tuition and related expenses that one pays to a university, college, technical school, or other post-secondary institution. Most of the time, qualified higher education expenses are tax deductible, and one may also be able to deduct the interest on savings bonds if the proceeds are used to pay for these expenses. See also: 529.
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References in periodicals archive ?
Assume in Example 2 (above) that the designated beneficiary of Margot Brown had only $800 of qualified education expenses for the year the $1,000 distribution was received.
He said the orphan care programme was continuing for the last many years to meet education expenses of such children, and now a model study centre had been set up for their capacity building through modern education.
The Senate Finance Committee passed by a 23-to-3 vote Tuesday a package of more than 50 tax extenders that includes a two-year extension for tax-free charitable contributions from IRAs, tax deduction for qualified higher education expenses and a bonus depreciation extension.
She maintained that her father was a worker and it was very difficult for her father to bear education expenses.
Tuition and other expenses required to be paid to the educational institution for enrollment or a course such as required student activity fees, special needs services, books, supplies, and equipment are considered to be qualified education expenses. For 2009 and 2010, qualified higher education expenses also included expenses for computer technology and equipment or Internet access and related services.
According to Memorandum of Understanding (MoU) inked by Pakistan Bait-u-Mal and management of three universities, PBM would pay education expenses of 50 brilliant students of each of the above mentioned three universities.
TIMERGARA -- The principals and teachers of private schools in Lower Dir on Monday staged a protest rally against the government for not bearing education expenses of 4,400 students, enrolled under Iqra Farogh-i-Taleem, a scheme of Elementary Education Foundation (EEF).
To help your children achieve their dreams, it's important that you don't skimp on education expenses. If you find your savings lacking, simply use Bajaj Finserv's loan against property for higher education.
Questions on the calculator include income, filing status, age, blindness of self or spouse, dependents, property taxes, and elementary and secondary education expenses. Pritzker has said that 97 percent of Illinois taxpayers will pay less than or the same under this tax plan.
He said the Sindh police department will bear the education expenses of the martyred policeman's children.

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