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-   -   Tuition and Fees Deduction (https://www.askmehelpdesk.com/showthread.php?t=25017)

  • Apr 21, 2006, 09:42 AM
    nayantara
    Tuition and Fees Deduction
    Hi ATE,
    First of all, thank you for taking time in providing solutions for tax related issues.
    Here is my situation and question:
    I am filing resident 1040 MFJ return. In 2005, I have paid $12000 to a university for my MBA course. My employer reimbursed me $3000 out of the $12000.
    I am claiming $4000 Tuition and fee deduction under line 34 of the 1040 form (this is the better option based on my income).
    Can I claim the remaining $5000 as un-reimbursed job expenses in Schedule A?

    Once again, thanks for your help.
  • Apr 21, 2006, 07:48 PM
    AtlantaTaxExpert
    NJ:

    Yes, you can, if the MBA will enhance your current work skills. I did something very similar for a client last year; got her a nice refund she was NOT expecting.
  • Apr 21, 2006, 08:57 PM
    nayantara
    Thank you ATE. It's very helpful.
    NJ
  • Apr 22, 2006, 06:17 AM
    AtlantaTaxExpert
    Glad to help!

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