IQ is a comparison of your test results to the results of people your own age. The average IQ is 100. If you gave 1,000 people a really hard test, your results would look like this: The higher the graph goes, the more people who have achieved that score.
Federal Student Loan Interest Deduction. A deduction is allowed for interest paid by the taxpayer, up to an annual maximum of $2,500, for a qualified education loan for both undergraduate and graduate education, subject to taxpayer income limitations. Any federal tax law changes to this deduction will not be automatically adopted.
Kindergarten, Elementary and High School. As a general rule, tuition you pay for private or parochial school is not deductible if your children are attending kindergarten through twelfth grade.This is a choice you've elected, rather than sending them to a public school, and the IRS offers no tax breaks for it.ou can deduct qualified education expenses -- including tuition -- for your dependents' higher education costs, up to $4,000.