Contents
Important Changes ............................
1
Introduction ........................................
2
Qualifying Education .........................
2
Education Required by Employer or
By Law .....................................
2
Education To Maintain or Improve
Skills .........................................
2
Nonqualifying Education ...................
2
Education To Meet Minimum
Requirements ...........................
2
Education That Qualifies You for a
New Trade or Business ...........
3
What Educational Expenses Are
Deductible? ..................................
4
Transportation Expenses ................
4
Travel Expenses .............................
4
Student Loan Interest Expense ......
5
Expenses Relating to Tax-Exempt
and Excluded Income ..............
5
How To Treat Reimbursements ........
5
Accountable Plans ..........................
6
Nonaccountable Plans ....................
6
Where To Deduct Expenses ..........
6
Employer-Provided Educational
Assistance ...................................
6
Possible Refund ..............................
7
Recordkeeping ...................................
7
Illustrated Example Using Form
2106–EZ ........................................
7
How To Get More Information ..........
7
Index ....................................................
10
Important Changes
Standard mileage rate.
Generally, if you
drive your car to and from school, you can
deduct 321/2 cents per mile before April 1,
1999, and 31 cents per mile after March 31.
See Transportation Expenses under What
Educational Expenses Are Deductible?
Limit on itemized deductions.
If your ad-
justed gross income for 1999 is more than
$126,600 ($63,300 if you are married filing
separately), your itemized deductions may be
limited. See the instructions for line 28 of
Schedule A (Form 1040).
Photographs of missing children.
The
Internal Revenue Service is a proud partner
with the National Center for Missing and Ex-
ploited Children. Photographs of missing
children selected by the Center may appear
in this publication on pages that would other-
wise be blank.
You can help bring these
children home by looking at the photographs
and calling 1–800–THE–LOST (1–800–843–
5678) if you recognize a child.
Department
of the
Treasury
Internal
Revenue
Service
Publication 508
Cat. No. 15012M
Tax Benefits for
Work-Related
Education
For use in preparing
1999 Returns
