Deduct graduate degree tuition expenses in NY State?

Forum|Forum|2 years ago
January 31, 2024
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I have Form 1098-T which shows my graduate degree tuition but on a federal level I can't use it for an education tax break because my income exceeds the limit.

However, in my NY STATE return itemized deductions (Form IT-196) I see line 22 "job related education expenses" which includes tuition according to the instructions. Given I am itemizing either way can I claim this?

Thanks!

Bsch4477

Employee

No. You would have to already be in a job and the education would be to improve your present job skills.

Anonymous

Thanks! It's an executive degree so I meet both these criteria. I already am in a job and the education (arguably?) improves my job skills.

Bsch4477

Employee

If you are a W-2 employee you cannot take the deduction at least on federal. If you are self employed you would take the expense on your Sch C unless the education qualifies you for a different job in which case you can’t deduct it there either.