Tax Credit Education Computer
August 3rd, 2010
Question: Can a computer be a qualified expense for any Education Tax Credit?
Answer: No only for the American Opportunity Credit and for that credit it depends on the facts
From IRS
Q5. Does an expenditure for a computer qualify for the American opportunity tax credit?
A. Whether an expenditure for a computer qualifies for the credit depends on the facts. An expenditure for a computer would qualify for the credit if the computer is needed as a condition of enrollment or attendance at the educational institution.http://www.irs.gov/newsroom/article/0,,id=211309,00.html
For the American Opportunity Credit only-
The term “qualified tuition and related expenses” has been expanded to include expenditures for “course materials.” For this purpose, the term “course materials” means books, supplies and equipment needed for a course of study whether or not the materials are purchased from the educational institution as a condition of enrollment or attendance.
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Recovery: Education Credits – Students – September 2009
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