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New education tax break available to parents

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Posted: Feb 3, 2010 5:18 AM by Andrea Fontenot
Source: Associated Press

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Topics: education, tax, break, students, parents, money, income, Louisiana

The state revenue department is hosting question-and-answer sessions next week about a new tax break available to parents of school children.

Parents can deduct the costs of uniforms, textbooks, supplies required by the school, home-schooling supplies and private school tuition from their income taxes.

The deductions are equal to 50 percent of the amount paid during the tax year, up to $5,000 per
child.

The revenue department is holding informational meetings about the tax break Feb. 9 in Pineville, Baton Rouge, Lafayette, Lake Charles, Monroe, Luling and Shreveport.

Click here for more information.

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