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My adult married daughter wants to return to college to pursue

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another degree. If I...
My adult married daughter wants to return to college to pursue another degree. If I give her money to pursue this, can it be a tax deduction for me as a charitable donation or in any other deductible way?
Submitted: 1 year ago.Category: Tax
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Answered in 3 minutes by:
5/11/2016
Tax Professional: Lev, Tax Advisor replied 1 year ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,154
Experience: Taxes, Immigration, Labor Relations
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ONLY the gift to qualified charitable organizations may be deducted for tax purposes.The gift for ANY specific person or a gift that benefits a specific person may not be deducted.So the gift you will make to your daughter is NOT deductible as charitable contribution..
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Tax Professional: Lev, Tax Advisor replied 1 year ago
However - under some circumstances - you might be able to claim your daughter as a dependent.If so - you will be able deduct her educational expenses.Questions?..I appreciate if you take a moment to rate the answer.Experts are ONLY credited when answers are rated positively.If you still have any doubts, need clarification - please be sure to ask.I am here to help you with all tax related issues.
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Lev
Lev
Lev, Tax Advisor
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