For federal income tax purposes, no, you cannot deduct homeschooling or K-12 education expenses as an education deduction.
The education credits are for higher education (college).
Some states offer a credit for K-12 education expenses.
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.
Can you claim benefits for homeschooling?
If you are claiming benefits and you begin homeschooling your child, legally nothing changes at all. You do not get any specific or extra benefit for homeschooling and you also do not get financially penalised for removing your child from school or not applying for a school place.
Can I use 529 for homeschooling?
Under the new tax law, 529 college savings accounts can still be used by all families, including homeschoolers, for college expenses. In addition, families can now use their 529 plans for “tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school.”
Can you write off homeschooling expenses?
Tax Deductions for Homeschool Expenses
Unfortunately, the final law states that homeschoolers will NOT be able to use the funds to offset the cost of homeschooling, but can still use the money for their child’s higher education expenses.