Tuition and Textbook Credit (Accredited K-12 in Iowa)
Authored By: Iowa Legal Aid
Tuition and Textbook Credit
A credit is allowed for tuition, textbooks and items needed for extracurricular activities at an accredited school K-12 school in Iowa.
How much is it?
- It covers up to 25% of the first $1,000 in qualified expenses per child.
What are qualified expenses?
Books- Books and other instructional materials including those for extra-curricular activities
Clothing- “Non-street” costumes for a play or special clothing for a concert not suitable for everyday wear
Driver's education -Only if paid to the K-12 school
Dues, fees, and admissions- Those paid for extracurricular activities such as activity fees; booster club dues; fees for track and cross-country; activity ticket or admission for high school athletic events; fees for a physical education event such as roller skating
Materials- Materials for extracurricular activities, such as sporting events, speech activities, musical or dramatic events, awards banquets, homecoming, prom, and other school-related social events
Music -Rental of musical instruments for school or band; music / instrument lessons at a school; sheet music used in a school; valve oil; cork grease; music books and reeds used in school bands or orchestras
Shop class, agricultural class, home economics, and mechanics class-Cost of required basic materials
Shoes-Football, soccer, and golf shoes; cleats for football shoes; track spike shoes (Basketball shoes are considered suitable for street wear so they are not allowed.)
Travel- Non-travel fees for field trips if the trip is during school hours
Tuition-The school must be accredited. Amounts paid are not allowed if they relate to teaching of religious tenets or doctrines of worship. If religious education makes up one-eighth of the daily schedule the taxpayer must reduce the expense by one-eighth.
Uniforms-Band, hockey, and football uniforms
Example: Joe and Stacy file a joint Iowa return. They have two children in K-12. Joey Jr. and Kelly.
Joe and Stacy paid the following expenses for Joey:
$400 Driver’s education fee to the high school
$100 on football cleats
$50 on book rentals
$50 on instrument rental
$200 on hot lunch
$15 on a prom T-shirt
Joe and Stacy paid the following expenses for Kelly:
$25 on book rental
$25 on an instrument rental, and
$200 on hot lunch
Joe and Stacy have a total of $600 in eligible expenses for Joey Jr. and $50 for Kelly. They can take a credit of $600 (total qualified expenses) x .25 = $150 for Joey Jr. ’s expenses and $50 (total qualified expenses) x .25 = $12.50 for Kelly’s expenses.
For more information about Iowa’s adjustments and credits, see IA 1040 EXPANDED INSTRUCTIONS at https://tax.iowa.gov/expanded-instructions-view