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The IRS has provided the following guidance (that applies for the American Opportunity Credit) on claiming computers for education credits:
- Q7. Does an expenditure for a computer qualify for the American opportunity tax credit?
- A7. Whether an expenditure for a computer qualifies for the credit depends on the facts. An expenditure for a computer would qualify for the credit if the computer is needed as a condition of enrollment or attendance at the educational institution.
See this discussion.
Merely because
a computer is convenient or even very helpful doesn't make it "needed as a
condition of enrollment." If in
doubt, review the college catalog or course syllabus for a statement that a
computer is required.
529 plan requirements are less stringent, and the cost of a computer may be an eligible cost to be paid from a Sec. 529 plan.
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