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Educational Expense Deduction/Credit

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    Educational Expense Deduction/Credit

    My client paid approximately $ 400.00 for books during 2011. She received those dollars through a Pell Grant. Are those expenses deductable and if so where. She is claiming tuition expense from a 1098-T. Appreciate the assistance.

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    #2
    Qualified education expenses paid for with tax free monies(i.e. PELL grant) do not qualify for any education credit or deduction. Also, be on the lookout for possibility of taxable income from excess scholarships/grants.

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