JonathanW wrote:
mlapido11 wrote:
Anyone here still waiting on a decision from UCLA that has a USC deposit deadline today?
Yes, I am in the same boat that you are in. I was really hoping for a decision today but I will put my deposit down at USC just in case as I don't want to end up out of options. Here is a question that I wonder if someone can answer - if I put a deposit down at USC and end up getting accepted at UCLA afterwards, would that lost deposit be considered a tax-deductible education expense?
I paid the deposit to USC also for the exact same reasons.
USC should issue you a 1098-T at the end of the year showing tuition paid. You should be able to deduct is as an education expense (i.e. lifetime learning credit, etc.) even if they don't issue it to you.