School expenses eligible for Louisiana state income tax deductions

BATON ROUGE – Education expenses paid during the 2011 tax year may be eligible for Louisiana state income tax deductions.  The Louisiana School Tuition and Expense Tax Deductions apply to tuition, school supplies, uniforms and home-schooling expenses.

There are three separate deductions:

  • Elementary and Secondary School Tuition (La. R.S. 47:297.10) – Applies to 100 percent of eligible expenses paid during the tax year, limited to $5,000 per dependent child enrolled in a nonpublic elementary or secondary school.  Eligible expenses include tuition, fees, uniforms, textbooks and other supplies required by the school.
  • Education Expenses for Home-schooled Children (La. R.S. 47:297.11) – Applies to 50 percent of eligible expenses paid during the tax year, limited to $5,000 per dependent.  Eligible expenses include amounts paid for the purchase of textbooks and curricula necessary for home-schooling.  To qualify for the deduction, you must be approved by the State Board of Elementary and Secondary Education (BESE) for home-schooling.
  • Educational Expenses for a Quality Public Education (La. R.S. 47:297.12) – Applies to 50 percent of eligible expenses paid during the tax year, limited to $5,000 per dependent child enrolled in a public elementary or secondary school, including Louisiana Department of Education-approved charter schools.  Eligible expenses include uniforms, textbooks and other supplies required by the school.

To claim any of these deductions, you must be able to claim the student as a dependent on your Louisiana Individual Income Tax Return.  You must also be able to provide documentation of expenses paid. 

Visit www.revenue.louisiana.gov/schooldeduction for more information.

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Meetings on February 9 to explain Louisiana School Tuition & Expense Tax Deduction

BATON ROUGE - The Louisiana Department of Revenue will host a series of meetings across the state to provide information and answer questions about the series of tax deductions known as the Louisiana School Tuition & Expense Tax Deduction. 

The Louisiana School Tuition & Expense Tax Deduction applies to education expenses required by schools that were paid during 2009.  Eligible expenses include private and parochial school tuition, uniforms, home-schooling supplies, and education supplies required by the school.  To claim the deduction, it is not necessary to be the student’s parent, but you must be able to claim the student as a dependent on your Louisiana Resident Individual Income Tax Return.

The meetings will take place on Tuesday, February 9, at 6:00 p.m. at the following locations:

Alexandria Area
City of Pineville Community Center
708 Main Street, Pineville
 
Baton Rouge Area
8585 Archives Avenue, Baton Rouge
 
Lafayette Area
Lafayette Public Library, South Branch
6101 Johnston Street, Lafayette
 
Lake Charles Area
Capital One Tower, 12th Floor
1 Lakeshore Drive, Lake Charles
 
Monroe Area
Ouachita Public Library, Main Branch
1800 Stubbs Avenue, Monroe
 
New Orleans Area
St. Charles Public Library, Westbank Branch
105 Lakewood Drive, Luling
 
Shreveport Area
1525 Fairfield Avenue, Room 205, Shreveport

 For more information, visit the Louisiana School Tuition & Expense Tax Deduction page at revenue.louisiana.gov.

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FYI: Louisiana School Tuition & Expense Tax Deduction

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Louisiana School Tuition and Expense Tax Deduction

The Louisiana School Tuition and Expense Tax Deduction is in effect for educational expenses paid during 2009.

This is a tax deduction that can reduce the amount of your Louisiana taxable income. It is not a tax credit. The deduction is for 50 percent of the money you spend on education, up to $5,000 per student. It applies to tuition for private and parochial schools and to expenses for uniforms, school supplies, and study materials for all primary and secondary school students. Home-schooling expenses are eligible for this tax deduction.

The deduction cannot exceed the amount of your taxable income.

To claim the deduction, you must be able to claim the student as a dependent on your Louisiana Resident Individual Income Tax Return. Eligible expenses are to be reported on Schedule E, Form IT-540 when you file your state income tax return due on May 15, 2010.

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