Bachelor's Degree. Earning a bachelor's degree in early childhood education can qualify you to teach preschool through third grade. Through bachelor's degree programs, you take early childhood development courses, such as child behavior and cognitive development, and gain experience with student teaching.
Expenses for tuition, registration fees, and other required fees are qualifying expenses for the Tuition and Fees Tax Deduction. Do not include the cost of books, supplies, software, room and board, or other miscellaneous expenses for schooling. Qualifying expenses are reported to you and to the IRS using Form 1098-T. Limits The maximum amount of tuition and fees deduction you can claim is $4,000 per year. If your income is over $65,000 but under $80,000 (unmarried), then the maximum amount you can deduct is $2,000.
Generally speaking you can deduct your medical expenses, your spouseâs expenses, or your dependentâs (such as a qualifying child or relative) if you itemize your tax deductions. What Medical Expenses Can I Deduct? Please keep in mind that you can only claim the amount of your medical expenses that exceeds 7.5% of your adjusted gross income. Letâs say your AGI is $35,000. If your medical expenses for the year were $2,700 then you can deduct your expenses that were greater than 7.5% of your adjusted gross income. However, if your medical and dental expenses were only $1,750 then you could not claim any, as they didnât meet the requirement. The IRS has a huge list of medical expenses that you can deduct. Some common ones I think many people use include: 1  Ambulance/Transportation. 2  Annual Physical Exam. 3  Breastpump. 4  Chiropractor. 5  Dental Treatment. 6  Insurance Premiums. 7  Medicine. 8  Psychologist.