riosluts

I have a question. Suppose one of my relatives funds like 20% of my tutition for the year. Can he claim that on his taxes.

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m00d

if you are a dependant of his or an employee of his
absofuckingluteley

m00d

you can deduct education expenses for yourself or anyone in your business even if the education is not related to your business, you could deduct for pottery or baking classes. it's cool.

riosluts

what do you mean for my business. My dad wants to pay some percentage of it, but he would also like to get a tax break.

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m00d

if you are a dependant of you dad and it sounds like you are, then yes it is fully tax deductible

assuming you are 24 years of age or younger


that business stuff was just an FYI for you and all the people on this board. I could take scuba diving classes and deduct it. It's one of those really really cool deductions that actually seems to benefit the taxpayer

riosluts

im not 24 yet but I DO NOT live with my dad. can he still get it deducted

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m00d

if you are over the age of 24 but still dependant, then i think you just have to file an extra form or something. it is still deductible

m00d

i think , if i remember correctly from my student loan days, all under 24 people are deductible unless they file a special paper seeking independent status.

riosluts

btw, im from canada. so is it pretty much the same here

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m00d

LOL riosluts you are WHACK! forget everything i said, i don't know jack about canada...

silentkey

that was funny