Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site ucla-cs.ARPA Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxt!houxm!whuxl!whuxlm!akgua!sdcsvax!sdcrdcf!trwrb!trwrba!cepu!ucla-cs!brett From: brett@ucla-cs.UUCP Newsgroups: net.taxes Subject: Re: Graduate Student Stipends Message-ID: <4498@ucla-cs.ARPA> Date: Mon, 25-Mar-85 17:17:32 EST Article-I.D.: ucla-cs.4498 Posted: Mon Mar 25 17:17:32 1985 Date-Received: Thu, 28-Mar-85 23:43:27 EST References: <313@lcuxc.UUCP> <185@uwai.UUCP> Organization: UCLA Computer Science Department Lines: 60 > > <><><><><> > > Question: If my (I know to be taxable) assistantship requires my to pay > tuition, is that amount for tuition deductible if I itemize? > > I'd like to know if anyone has tried this and what happend to them. > > /David Good point. Here is what my book says: "You may deduct the ordinary and necessary expenses you have for education, even though the education may lead to a degree, if the education: Is required by your employer(YES IT IS IN YOUR CASE), or by law or regulations, for keeping your salary, or job, if the requirements are for a business purpose(ARE THEY?); or Maintains or improves skills required in doing your present work" You may NOT deduct your expenses if the education is: Required to meet the minimum educational requirements of your work Part of a program that will qualify you for a new trade or business -------- Examples: Educational expenses and expenses for travel, meals and lodging to obtain doctorate were deductible for a professor. Degree wasn't required to meed mimimum education requirements for employment. (PRESUMABLY HE/SHE WAS AT A SCHOOL WHERE BEING A PROF. DIDNT NEED A P.hD.) I dont really know the answer, but I presume the IRS thinks you cant. Maybe if you told us more about your current career and your career goals, a definite answer could be given. Without this, I expect your expenses are part of a program that will qualify you for a new trade or business - and thus are not deductible. -- Brett Fleisch University of California Los Angeles 3804 Boelter Hall Los Angeles, CA 90024 Phone: (213) 825-2756, (213) 474-5317 brett@ucla-cs.ARPA or ...!{cepu, ihnp4, trwspp, ucbvax}!ucla-cs!brett -------------------------------------------------------------------------