Have to buy a car for my daughter to drive herself to college. Can I claim the purchase for her car on my taxes as a college expense?

I know you can only claim college expense stuff for 4 years. May make sense for me to buy the car after the first of the year and claim it on 2025. She doesn't start school until January.


Curious how those expenses are looked at with Taxes.

Think OP is thinking about the AOTC rather than a 529 plan and yeah… same thing they are pretty explicit that transportation costs can't be in that credit.

Yeah, I have a 529.

Not buying her car out of that.

Just buying in general.


Wasn't sure if that qualifies for the college tax credit you get.


Sounds like it doesn't. Thanks!

Even if you could take it, you are capped out at 4.000 in college expenses for the credit. Anything over 4,000 will not matter. You should be able to max it out on tuition alone.