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 made a contribution to a candidate or to a political party, campaign, or cause, you may be wondering if your political contributions are tax deductible. The answer is no – donations to political candidates are not tax deductible on your personal or business tax return. The same goes for campaign contributions.
Looking for information on Alabama state income tax? Read here to find out who pays, how to pay and more from the tax pros at H&R Block.
Learn about property tax breaks from the experts at H&R Block. Our tax pros will explain whether you can deduct property taxes.
Find out if you can claim deductions missed on prior tax returns with advice from the tax experts at H&R Block.