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Bizhelp
Bizhelp, CPA
Category: Single Problem
Satisfied Customers: 5884
Experience:  BA degree and Certified Public Accountant
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Year 2014, the deduction and related expenses allowed by

Customer Question

For Tax Year 2014, the deduction for tuition and related expenses allowed by Internal Revenue Code §222 was available: a. regardless of the amount of a taxpayer's AGI b. to cover room and board expenses to attend college c. to a married taxpayer filling
a separate return d. even if a taxpayer does claim the standard deduction e. none of the above Please click into https://www.law.cornell.edu/uscode/text/26/222 qualified tuition and related expenses and then answer the question
Submitted: 1 year ago.
Category: Single Problem
Expert:  Bizhelp replied 1 year ago.

Hi,

Thanks for the question.

The answer is d. even if a taxpayer does claim the standard deduction

The tuition and fees deduction is an adjustment to AGI, so the standard deduction has no effect on it.

Hope this helps!

Customer: replied 1 year ago.
why b is not correct?
Expert:  Bizhelp replied 1 year ago.

B is not correct since this deduction only includes actual tuition and related fees to the tuition. Room and board may not be included in this deduction.