I have been paying for private school, which my children attend. Is there a tax credit for private school that I am able to claim?
Probably not. There’s no federal education credit or deduction when paying for private school at the elementary or secondary level. However, you can claim a tax credit for private school if you pay for your children’s college tuition.
If your children are young, you could consider opening an educational savings account (ESA). ESAs grow tax-free, and you can use them to pay for elementary and secondary education expenses.
What happens to your taxes after marriage? Learn how marriage can lead to changes in tax filing and returns at H&R Block.
Due to the recent TCJA changes, we have re-released our trusted Tax Calculator. With a side-by-side comparison, you can now plan for this year's tax filing.
Learn how to deduct student loan interest with H&R Block. Get information about qualified education expenses and see if a student loan tax deduction applies to you.
What is a closing disclosure? When you buy a house, you will receive a closing disclosure that can benefit you at tax time. Learn more at H&R Block.