Short answer: the tuition is not “deductible,” but some of the tuition might qualify for the Iowa “Tuition and Textbook Credit.”
For years, I have told my clients that they couldn’t take the Iowa Tuition & Textbook Credit if they sent their kids to a private religious school. Iowa law states that the credit can not be taken for tuition expenses related to the teaching of religious doctrines. A client challenged me on this, and I now see that I was wrong.
The Iowa tuition and textbook credit is a tax credit available on Iowa tax returns for qualifying expenses paid for K-12 education of a taxpayers’ dependents. Almost any expense counts toward the credit. I went into more detail in this blog post from 2013. I generally tell people that only expenses paid to a public […]
Iowa provides a tax credit for the purchase of school supplies.
The Iowa “Tuition and Textbook Credit” is available for required school purchases.
As you head out to shop for back-to-school supplies, make sure to keep your receipts because many Iowans will qualify for the Iowa “tuition and textbook credit.” While its name implies that it’s only available for tuition and textbook expenses, it’s actually available for almost any required expenses paid directly to public schools for kids […]
The Southeast Polk School District recently announced that it will implement a “district fee-based transportation program.” Translation: the district will assess some families (depending on where they live) a $180/child fee for riding the school bus. Will this fee will qualify for Iowa’s “tuition and textbook credit”? The short answer is, yes. Iowa allows a […]