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Can I claim the amount I spent to rent text books for education expenses?
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It depends on the credit you are seeking.
These expenses qualify, as long as they are required to enroll in or attend a qualified educational institution:
- Tuition, if paid to the institution
- Student-activity fees, if paid to the institution
- Books, supplies, and equipment, if required to be purchased from the institution as a condition of enrollment or attendance (Lifetime Learning Credit)
- Books, supplies, and equipment, regardless of where purchased (American Opportunity Credit)
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