Maximize Your Savings with Indiana’s Private School and Homeschool Tax Deduction

The Private School Homeschool Deduction can significantly reduce your tax burden if you have children in private school or homeschool. To get to the point without any of the fluff, we figured we should give it to you straight.

Here’s What You Need to Know:

Indiana parents who claim their child as a dependent and send them to private school (K-12) or homeschool can get a tax deduction of up to $11,000 per dependent (you read that right).

Here are the Eligible Expenses:

• Private School Tuition

• Textbooks

• School Supplies

Here is the Key Requirement:

Your child must be enrolled for at least 180 school days to qualify for this deduction.

To maximize your tax savings, keep detailed records of all educational expenses. This documentation will be essential when claiming the deduction. Like we said, it’s straight to the point without the fluff. If you need further information or advice, don’t hesitate to contact us directly.

Remember, death and taxes are certain, but we can make taxes easier for you.