Hey as per your demand here I am providing you details of Tax deduction for
MBA Tuition

Tax deduction for MBA Tuition

Tuition and fees deduction (Flat $4K deduction)

Qualified costs are deductible from gross income subject to limitations.

Itemized deduction of tuition and related costs (unreimbursed business
expense)

Qualified MBA tuition costs may be deductible from your personal income
taxes as unreimbursed costs on form 1040 Schedule A Line 23. A tax
deduction reduces taxable income

Student loans are deemed as tuition payments to an institution by a taxpayer
in the year of borrowing due to the fact that they are almost impossible to
discharge in bankruptcy

Deductible Educational Expenses

Qualified education expenses paid in the tax year are deductible to the extent
they exceed 2% of your adjusted gross income and you are itemizing your
deductions.

You can take out loans to pay for tuition expenses and deduct it in the year
the funds are credited to the University (not when the loans are later repaid
to the lender).

Deductible education expenses include:

Tuition & Fees

Case Materials and Books

Computers & Peripherals (if required by curriculum)

Miscellaneous Supplies