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Q: If I am going to grad school beginning in 2011 can I buy a computer this year and it be tax deductible?  | See Question Detail

If I am going to grad school beginning in 2011 can I buy a computer this year and will it be tax deductible?

Submitted by eriknrox on July 7, 2010 at 10:39AM

A: Computer  | See Full Answer

Unfortunately computer purchase is not a deductible expense under the Lifetime Learning credit, which is the one you will be eligible for. If you would like to talk to a Tax Professional in person to discuss your specific situation you can locate your local year round H&R Block office and its off season operating hours at this link: http://go.mappoint.net/HRBlockOfficeLocator/?

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Submitted by Kathryn Morgan, Enrolled Agent, Enrolled Agent (EA), Small Business/Sole Proprietors, Retirement, Investment Income, Military , H&R Block July 8, 2010 at 2:59PM

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