Athletic supplies qualify if used for courses in well being or bodily education. You may exclude sure instructional help benefits from your revenue. However, it additionally implies that you can’t use any of the tax-free education bills as the idea for some other deduction or credit score, including the lifetime learning credit score. If you’re eligible to say the lifetime learning credit and are additionally eligible to assert the American opportunity credit score for a similar student in the same yr, you can select to claim both credit, but not both. You cannot claim the AOTC if you had been a nonresident alien for any part of the tax year unless you elect to be handled as a resident alien for federal tax functions.
In the United States, Canada, and Australia, major and secondary education together are generally referred to as K-12 education, and in New Zealand Year 1–13 is …