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.
If you are just getting your tax documents together and figuring out what to do next, here is a handy checklist to help you keep everything organized.
When it comes to making everyday tax decisions, we find that there's a gap between what's true and what's rumored. Let's explore four common tax myths.
Do you have an undocumented person living with you? Learn whether or not you can claim them as a dependent. Get tax answers at H&R Block.
Your ex-spouse claimed your child as a dependent, but lived with you all year. Can you claim the child? If so, how do you file? Get tax answers from H