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Deductions for dependent studying overseas

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    Deductions for dependent studying overseas

    I have a client who has spent over $41,000 last year for dependent college expenses. Approximately, $6K was for international travel, lodging, passport, airline etc. The American Opportunity Credit is maxed just by tuition. Is there any creative ways to deduct some of the international expenses?

    #2
    I'll be the first to answer then

    Short answer is no, chalk it up to a great experience over in a foreign land and not a deductible expense. Tell your client I am willing to learn anything if they will pay for my vacation!
    Circular 230 Disclosure:

    Don't even think about using the information in this message!

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