JLC Tax Deductions

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Valuable tax deductions & credits

University of the Ozarks would like to make you aware of a number of valuable tax deductions and credits that may be available to families who have students with diagnosed learning disabilities enrolled in the JLC. The IRS has ruled that a wide range of special education expenses — like the programs offered by the JLC — may be deductible as medical expenses.

Members of the University administration reviewed our program offerings with our accountants and they encouraged us to share that the JLC fee is most likely deductible as a medical expense. Furthermore, it was also their belief that for many of our students enrolled in the learning center, their tuition, fees, room, board and other associated expenses may also be deductible. You may wish to share this with your tax preparer.

IRS Publication 502-Medical and Dental Expenses states:

“You can include in medical expenses the cost (tuition, meals and lodging) of attending a school that furnishes special education to help a child overcome learning disabilities. A doctor must recommend that the child attend the school. Overcoming the learning disabilities must be the principal reason for attending the school, and any ordinary education must be incidental to the special education provided.”

In an attempt to clarify IRS Publication 502 a Private Letter Ruling 200521003 dated 5/27/2005 was published which states:

“Helping the student overcome a physical or mental handicap and move on to normal education and living is the essence of special education. Normal education is not medical care because it is not designed to help someone overcome a medical disability. Thus a physician or other qualified professional must diagnose a medical condition requiring special education to correct the condition for that education to be medical care. The school need not employ physicians to provide that special education, but must have professional staff competent to design and supervise a curriculum providing medical care. Overcoming the learning disabilities must be a principal reason for attending the school, and any ordinary education received must be incidental to the special education provided.”

The IRS permits taxpayers to deduct any medical or dental expenses that exceed 10% of their Adjusted Gross Income. In addition, the American Opportunity Tax Credit and the Lifetime Learning Tax Credit may also offer tax benefits to help with higher education costs.

Since University of the Ozarks cannot offer tax advice or tax opinions, we recommend that you consult your tax advisor about your options.


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