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Can I deduct my train tickets off my taxes because I am a student?
I have all the receipts for them.
5 Answers
- Barkley HoundLv 71 decade agoFavorite Answer
You better read this.
http://www.irs.gov/pub/irs-pdf/p970.pdf
My interpretation is that transportations expenses are only deductible when you are working.
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- ninasgrammaLv 71 decade ago
If you were attending classes for work-related purposes, the transportation costs to class from work would be deductible. If your work-related class was on a day you did not attend work, then transportation to and from your home to the class is deductible.
But if your classes are not work-related, the transportation costs are not deductible.
If you are borrowing money to attend school, and use your student loans for transportation expense, that is a qualified expense for your student loan. When you repay back that loan, you may be able to deduct the interest on that loan.
- Anonymous1 decade ago
No. Travel to and from school is not a tax deductible expense.
- Bostonian In MOLv 71 decade ago
Personal transportation costs are never deductible. Commuting costs, for a job or eductation, are personal costs and are not deductible.
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- kateLv 71 decade ago
Does your country have a tax provision that student transportation costs are deductible ?
( they are not in the US , but maybe where you are !)
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