Tax Deduction

[masrat858]

Have any of us been able to deduce tax on SL, Study.com, etc. expenses? Would you please mind explaining the steps if so?

[dfrecore]

Have any of us been able to deduce tax on SL, Study.com, etc. expenses? Would you please mind explaining the steps if so?

You can't, as they aren't schools.  You can only deduct tuition, so it must be at a school, not a course provider.

"Education expenses are only tax deductible for postsecondary tuition and associated fees. This would include community colleges, universities, trade or vocational schools and pretty much any other accredited education program following high school." 

[jamshid666]

In order to deduct education expenses, you need to receive a Form 1099-T. Since SL, Study.com, et.al. aren't real schools, just businesses that happen to have their courses evaluated for ACE credit, they are not authorized to produce such a form.

[Life Long Learning]

In order to deduct education expenses, you need to receive a Form 1099-T.  Since SL, Study.com, et.al. aren't real schools, just businesses that happen to have their courses evaluated for ACE credit, they are not authorized to produce such a form.

Also can't make over some income level?

[rlw74]

Will TESU automatically send out a 1099 or do I need to contact them and ask for one? It's been quite a while since I've been in school and thought about deducting education expenses.

[Life Long Learning]

You do NOT need a Form 1098-T per below!

Q20. I did not receive a Form 1098-T because my school is not required to provide a Form 1098-T to me for 2016.  Can I still claim an education credit for tax year 2016? 
A20. Yes. You can still claim the AOTC if you did not receive a Form 1098-T because the school is not required to provide you a Form 1098-T for tax year 2016 if:

• The student and/or the person able to claim the student as a dependent meets all other eligibility requirements to claim the credit, 
  
  
• The student can show he or she was enrolled at an eligible educational institution, and 
  
  
• You can substantiate the payment of qualified tuition and related expenses.
  

Be sure to keep records that show the student was enrolled and the amount of paid qualified tuition and related expenses. You may need to send copies if the IRS contacts you regarding your claim of the credit.
https://www.irs.gov/credits-deductions/i...nd-answers

[davewill]

But it still has to come from an accredited school.

[Life Long Learning]

But it still has to come from an accredited school.

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[jamshid666]

But it still has to come from an accredited school.

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Direct quote from https://www.irs.gov/credits-deductions/i...ional-inst

"An eligible educational institution is a school offering higher education beyond high school. It is any college, university, vocational school, or other post secondary educational institution eligible to participate in a student aid program run by the U.S. Department of Education.
This includes most accredited public, nonprofit and privately-owned–for-profit postsecondary institutions.

If you aren’t sure if your school is an eligible educational institution:

• Ask your school if it is an eligible educational institution, or
• See if your school is on the U.S. Federal Student Aid Code List. 

TIP: A small number of schools, not on this list, may be eligible educational institutions. So, you may need to ask the school."

The big clue here is that programs like StraighterLine, Study.com, and others are not eligible for student aid programs from the DoE, therefore they are not eligible to be counted as a tax deduction. Student aid includes more than just need-based assistance, it also includes government-backed student loans.

[Life Long Learning]

I make too much money for these tax brakes, but if I was able too I would take them!