Wisconsin Tax Deduction for Tuition Expenses
The state budget bill (2013 Wisconsin Act 20) established a tuition tax deducation which began in the 2014 tax year. When filing in 2015, taxpayers may deduct the private and religious school tuition expenses they have paid, up to $4,000 for each dependent child in kindergarten through eighth grade and up to $10,000 for each dependent child in grades nine through twelve. The tuition expenses must have been paid on or after January 1, 2014.
Please click HERE for additional information about the Wisconsin Deduction for Tuition Expenses or contact your tax professional with questions.