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June 1, 2019
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How do I deduct textbook costs for college expenses?

  • June 1, 2019
  • 1 reply
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The 1098-T covers tuition.  But what about deducting textbook costs?  Where do I do that?
Best answer by Texas Roger

Keep going after you enter the 1098-T and TurboTax will ask about books and other qualified expenses. The only credit that allows book expenses to be claimed is the American Opportunity Credit for up to 4 tax years of undergraduate study.

1 reply

Employee
June 1, 2019

Keep going after you enter the 1098-T and TurboTax will ask about books and other qualified expenses. The only credit that allows book expenses to be claimed is the American Opportunity Credit for up to 4 tax years of undergraduate study.