#education
Educational technology, learning tools, and managing education-related finances
Fellowship stipends spent on living expenses are taxable under Section 117 — report them on Schedule 1, line 8r and pay quarterly estimates.
Under IRS Topic 421 a scholarship is tax-free only for tuition and required course costs; room, board, travel, and required-service stipends are taxable.
AHA eCards run $11.50–$22.50 per student, so a $75 US first-aid seat nets under $49. Price CPR classes off the per-student stack and book cards as COGS.
AHA eCards run $6–7 for BLS but about $20 for a Heartsaver combo — price each US course from its own cost card, not one flat seat price.
Miss three straight Form 990 filings and the IRS revokes your PTA or PTO exemption automatically — here is the treasurer playbook that prevents it.
A leased three-classroom Montessori preschool needs $350,000-$600,000 to open, and spring tuition deposits are deferred revenue, not cash for summer construction. Startup ranges, staffing math, and the two entries founders get wrong.
OBBBA doubled the annual 529 K-12 withdrawal cap to $20,000 per student for 2026 and made tutoring, test fees, and credential programs qualified — but nonconforming states like California still tax the earnings and can recapture prior deductions.
For tax year 2026 the student loan interest deduction is capped at $2,500, claimed above the line on Schedule 1, and phases out between $85,000 and $100,000 of MAGI for single filers and $175,000 to $205,000 for joint filers. This guide covers the five eligibility tests, what Form 1098-E does and does not report, and why self-employed borrowers cannot move the interest to Schedule C.
Eligible K-12 educators deduct up to $300 of unreimbursed classroom expenses on the 2025 return and $350 for 2026, plus a new itemized layer for spending above the cap — after clearing the 900-hour test and subtracting reimbursements and tax-free funding.
Wages paid to a student by the school they attend are exempt from the 7.65% FICA tax under IRC Section 3121(b)(10), but only when the worker clears all four Revenue Procedure 2005-11 tests — at least half-time enrollment, under 40 hours a week across all campus jobs, no professional role, and no career-employee benefits. This guide covers the safe harbor, the five-week break rule, the graduation cliff, and how to correct withholding in either direction.
Section 127 lets an employer give each employee up to $5,250 a year, tax-free, toward tuition or student loan payments — now permanent under the One Big Beautiful Bill Act and indexed for inflation from 2027. This guide covers the written-plan and nondiscrimination requirements, the W-2 treatment, and a clean chart-of-accounts setup.
Independent educational consultants collect $4,000–$12,000 multi-year package fees long before the work happens. This guide explains why non-refundable contracts don't justify booking fees as income at signing, how to allocate revenue across service phases (e.g., 15/30/40/15), and how a two-account deferred revenue setup keeps your books honest.
