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.
Find out if you're able to deduct your foreign moving expenses with help from the experts at H&R Block. The rules have changed due to the latest tax reform.
If your child earns income, do they need to file a tax return? Learn more from the tax experts at H&R Block.
Can you claim a tax deduction for a charitable donation if you don't have a receipt? Learn more from the tax experts at H&R Block.
Do you need to get an EIN for your small business? Learn more about the EIN application process and get tax answers at H&R Block.