Deduction for the study-related expenses

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Reference no: EM132007557

Melissa works at Hannay & Partners, chartered accountants in Toowong. She has decided to enrol part-time in a Bachelor of Business (Accountancy) degree at QUT as she feels it will enhance her promotional prospects.

During the 2017 income year, Melissa incurred the following study-related expenses:

HECS-HELP fees 5,120

Student union fees 210

Photocopying 74

Stationery 91

Purchase of text books (all individually less than $300) 520

Meals at QUT (eg. Burger Urge, Subway and Teppanyaki Time) prior to lectures 310

Train fares from work to QUT to attend classes 175

Train fares from QUT to home after class 150

Total: $ 6,650

Required:

Would Melissa be entitled to a deduction for the above study-related expenses?

What amount would she be able to claim as a deduction in her 2017 income tax return?

Would your answer be different if Melissa failed to pass any of the subjects she enrolled in at QUT during the 2017 income year?

Reference no: EM132007557

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