Tax Provisions

AJCU has worked extensively to maintain a number of tax provisions that have been important to our Jesuit institutions and to higher education throughout the years. By providing tax credits, deductions, and other benefits, primarily to middle class families, most of these provisions have assisted students and parents in offsetting the cost of higher education. Other provisions have benefited our institutions by incentivizing donations and by supporting research and development at our colleges and universities. For this reason, AJCU will continue to support the preservation of the following tax provisions:

Select Provision Described:

Eligible work-related education expenses may be deducted as business expenses. This deduction will be the amount by which qualifying work-related education expenses plus other job and certain miscellaneous expenses is greater than 2% of the individual’s adjusted gross income.