Tuesday, August 4, 2009

Can i deduct tuition expenses on my california tax return (ca 540)?

I am taking the lifetime education credit on the 1040. Would like to deduct this on 540



Can i deduct tuition expenses on my california tax return (ca 540)?

No on the state but yes on the federal.



Also check the hope credit. You can use either one, and sometimes one of them will give you a bigger refund than the other.



Can i deduct tuition expenses on my california tax return (ca 540)?

It is a federal deduction only. CA works off your federal return so it is technically already being deducted.

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