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Posted by Bob Sandler on January 4, 2007, 8:35 pm
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> In Pub 970 it says that you can deduct Tuition & Fees paid
> in 2006 for an academic semester beginning the first three
> months of 2007. That's good, but do I have the option of
> counting tuition paid in 2006 for an academic semester
> beginning in 2007 *for* the 2007 tax year?
No. As a cash-basis taxpayer, you can only take the
deduction in the year that you actually paid the expense.
Bob Sandler
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