The simple answer is “No; there are no tax credits for homeschool expenses from the federal government.” The longer answer is “Maybe, depending on what state you live in.”
Are there tax benefits to homeschooling?
While there are no federal tax deductions or credits set aside for homeschoolers per se, there are provisions under federal tax law that allow homeschoolers to relieve some of their federal tax burden.
Do homeschoolers get tax break?
Homeschool parents may not claim the educator expense deduction, nor can tax-favored funds from a 529 plan be used to pay expenses for homeschool students. However, there may be breaks available at the state level.
How can I get out of paying school taxes?
8 ways to lower your property taxes and get some money back
- Review your property tax card. Get a copy of your property tax card from the local assessor’s office.
- Get nosy.
- Talk to your local tax office.
- Consider an independent appraisal.
- Hire an attorney.
- Ask for tax breaks.
- Request a Homestead Exemption.
- Wait it out.
How much do you get for homeschooling?
The Home School Legal Defense Association (HSLDA) estimates that the average parent spends about $300 to $600 per year, per child, on homeschooling curriculum, games, and books.