Saturday, November 12, 2011

WSJ: Special Tax Deductions for Special Education

Wall Street Journal Tax Report, Special Tax Deductions for Special Education, by Laura Saunders:
More than six million children in the U.S. fall into the "special needs" category, and their ranks are expanding. The number of those affected by one developmental disability alone—autism—grew more than 70% between 2005 and 2010.
The tax code can help—if you know where to look. There are numerous tax breaks for education, but the most important one for many special-needs students isn't an education break per se. Instead, it falls under the medical-expense category.