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re: Ideas for claiming private school as a tax deduction.
Posted on 8/10/12 at 7:38 am to Poodlebrain
Posted on 8/10/12 at 7:38 am to Poodlebrain
Poodle, you wouldn't happen to live close to Covington huh?
Posted on 8/10/12 at 9:31 am to saderade
quote:
Honestly, send them to public school until they are in 5th grade. That is when the environment starts to decline. Try to get them into a gifted program if possible.
I disagree. Id say that most kids leaving 5th grade in a private school are probably better at reading/writing/basic math than more than half of students in grades 6-12 in a bad public school.
Posted on 8/10/12 at 9:33 am to tiger114
quote:
Are there any methods to not paying taxes on the tuition?
Move to LA and take a state tax deduction.
Posted on 8/10/12 at 9:47 am to Poodlebrain
quote:
Start a business. Hire your children.
I have thought about this before but not in the tuition context. I.e., my company would provide "housekeeping" services to one client, me, and instead of gifting them annually, I'd pay them a salary or wage, file returns on their behalf (likely no taxes at their "income" level, but being a taxpayer would enable them to do things like open a roth, etc.
Posted on 8/10/12 at 10:02 am to diat150
quote:Really depends on the school or district. If his only option is a ghetto public school vs private school then the decision is easy. On average I would say the public school teachers are just as good if not better (higher pay) If the public school has a gifted program then the education level would be higher than most private schools. 20k a year has to factor in.
disagree. Id say that most kids leaving 5th grade in a private school are probably better at reading/writing/basic math than more than half of students in grades 6-12 in a bad public school.
And I agree that average test scores for a private school kid in 5th would be higher than a 7th-8th grader in public school. But that is because a good amount of the kids have idiot parents who don't stress education to their children.
Posted on 8/10/12 at 10:11 am to Meauxjeaux
Baton Rouge, is that close enough?
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