Is school tax a write-off?

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  • LittleScholars
    Daycare.com Member
    • Jan 2016
    • 471

    Is school tax a write-off?

    I apologize if this has been covered. I tried searching and can't seem to find anything, and I couldn't seem to find the answer in Tom's book (but I bet it is in there somewhere!).

    Is any portion of school tax deductible? We pay a fortune, so I'm hoping so! This is my first year open, so I'm unsure!
  • Blackcat31
    • Oct 2010
    • 36124

    #2
    Originally posted by LittleScholars
    I apologize if this has been covered. I tried searching and can't seem to find anything, and I couldn't seem to find the answer in Tom's book (but I bet it is in there somewhere!).

    Is any portion of school tax deductible? We pay a fortune, so I'm hoping so! This is my first year open, so I'm unsure!
    School taxes for you in college or for your kids' school attendance? Public school or private school?

    Comment

    • LittleScholars
      Daycare.com Member
      • Jan 2016
      • 471

      #3
      Originally posted by Blackcat31
      School taxes for you in college or for your kids' school attendance? Public school or private school?
      Oh, great question. Public school taxes due annually.

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        public school taxes

        Originally posted by LittleScholars
        I apologize if this has been covered. I tried searching and can't seem to find anything, and I couldn't seem to find the answer in Tom's book (but I bet it is in there somewhere!).

        Is any portion of school tax deductible? We pay a fortune, so I'm hoping so! This is my first year open, so I'm unsure!
        You can deduct a portion of your property taxes, which I assume includes some school taxes.
        http://www.tomcopelandblog.com

        Comment

        • LittleScholars
          Daycare.com Member
          • Jan 2016
          • 471

          #5
          Originally posted by TomCopeland
          You can deduct a portion of your property taxes, which I assume includes some school taxes.
          Oh, great! Our bill is sort of itemized, but that makes sense! Thank you!

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