Home Page link  

Education credit : international institutions

 

Taxes General Forum - Tax professionals meeting place and answers to queries. (Moderated)

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Education credit : international institutions manishkumar33 02-05-2007
Posted by manishkumar33 on February 5, 2007, 8:22 pm
Please log in for more thread options
My spouse wants to go for a Msc. degree through an
university in U.K. Is it possible to get any kind of tax
exemption for this kind of education expenses done by US
residents ? Can the Education credit (Lifetime learning
credit) be used for distance education taken in
international institutions ?

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Phil Marti on February 6, 2007, 9:39 pm
Please log in for more thread options

> My spouse wants to go for a Msc. degree through an
> university in U.K. Is it possible to get any kind of tax
> exemption for this kind of education expenses done by US
> residents ?

Probably not. I doubt it's an "eligible educational
institution" as described in IRS Publication 970.

--
Phil Marti
Clarksburg, MD

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Similar ThreadsPosted
education tax credit October 19, 2007, 10:20 pm
Re: Education Expenses--Adjustment vs Credit February 18, 2007, 7:15 am
Hope credit (or similar) for elementary education? February 26, 2008, 3:27 pm
Life time education credit on real estate tuition fee September 25, 2007, 11:58 pm
International tax question -- please help June 12, 2007, 1:06 am
International Taxes Question February 15, 2008, 9:31 pm
Colorado and us federal tax help for international worker needed March 1, 2008, 6:44 pm
Q: Can two companies pay for the same education December 16, 2006, 8:58 pm
Education - books January 16, 2007, 3:15 am
Education & Go Zone February 2, 2007, 7:36 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap