My son attends ASU in Arizona state. I leave in Mn. my son resides in off campus apartments and I pay for his accommodation. How do I claim rental tax and education taxes
My son attends ASU in Arizona state. I leave in Mn. my son resides in off campus apartments and I pay for his accommodation. How do I claim rental tax and education taxes
To claim rental and education expenses for your son attending ASU, here are some parameters:
Education Tax Credits: Education tax credits like the American Opportunity Credit or the Lifetime Learning Credits typically offset the cost of tuition, fees, and course materials. Unfortunately, room and board expenses, including off-campus housing, are not eligible for these credits.
State Tax Benefits: Minnesota offers the K-12 Education Subtraction and Credit, but these are specific to K-12 education expenses