Date: Sun, 30 Jan 2005
From: Jessica
Can I claim items like gas mileage and books on my tax return? What about loans? I haven't begun to pay them and will begin to pay when school is completed. I only make the interest payments.
Answer
Date: Mon, 31 Jan 2005
Hello Jessica,
You haven't given me many details for your situation. Personal mileage, including driving to school to earn your first college degree, isn't deductible.
There may be some credits or deductions available relating to your education expenses. I recommend that you go to the IRS web site at www.irs.gov and get Pub 970, Tax Benefits of Education, and Pub 508, Tax Benefits for Work-Related Education.
Good luck!
Mike Gray
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