Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #1  
Old 27.02.2010, 16:09
Newbie 1st class
 
Join Date: Jul 2008
Location: Illnau-Effretikon
Posts: 19
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
nucleeus has no particular reputation at present
Tax deduction for higher education

Dear Forum members,
I've heard that one can claim a tax deduction for the fees paid towards higher education. Is this true?

I did a masters degree here in Switzerland and want to deduct its fees while filing my tax returns. The question is where in the tax return can one do this and under what clause?

I file taxes in Zurich. I tried talking to some tax people but not many had experience with such deductions.

Thanks in advance for your reply.

Nucleeus
Reply With Quote
  #2  
Old 27.02.2010, 18:00
Longbyt's Avatar
A Mod-el of Propriety.
 
Join Date: Apr 2008
Location: ZH
Posts: 5,712
Groaned at 34 Times in 33 Posts
Thanked 6,465 Times in 2,674 Posts
Longbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond repute
Re: Tax deduction for higher education

Don't believe in paying taxes myself so I'm not exactly an expert - you could have a look at this bit though under Nr. 5. (215)

Probably someone else knows the answer better though.
Reply With Quote
  #3  
Old 27.02.2010, 18:36
Member
 
Join Date: Jul 2008
Location: langnau am ablis
Posts: 204
Groaned at 2 Times in 2 Posts
Thanked 37 Times in 30 Posts
harshbarger has made some interesting contributions
Re: Tax deduction for higher education

Depends on whether the master's was done to prepare you for a "new" profession or just "more of the same". It's my understanding that the former can be deducted the latter not.
Reply With Quote
This user would like to thank harshbarger for this useful post:
  #4  
Old 27.02.2010, 18:54
Mark75's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: GR/ZH
Posts: 1,110
Groaned at 19 Times in 14 Posts
Thanked 810 Times in 421 Posts
Mark75 has an excellent reputationMark75 has an excellent reputationMark75 has an excellent reputationMark75 has an excellent reputation
Re: Tax deduction for higher education

AFAIK it's just the other way around.

"Ausbildung" (for a "new" profession) is not deductible.
"Weiterbildung" (more of the same) is deductible.
Reply With Quote
The following 2 users would like to thank Mark75 for this useful post:
  #5  
Old 27.02.2010, 21:46
carcharhinus's Avatar
Senior Member
 
Join Date: Jun 2008
Location: Greater Zürich Area
Posts: 294
Groaned at 1 Time in 1 Post
Thanked 141 Times in 84 Posts
carcharhinus is considered knowledgeablecarcharhinus is considered knowledgeablecarcharhinus is considered knowledgeable
Re: Tax deduction for higher education

Quote:
View Post
AFAIK it's just the other way around.

"Ausbildung" (for a "new" profession) is not deductible.
"Weiterbildung" (more of the same) is deductible.
Mark75 is right, Weiterbildung including Umschulung and Wiedereinstieg is deductible, Ausbildung is not. The respective form is titled 'Berufsauslagen 2009', the clause is 5. Please note that you have to enclose proof of your respective costs.

University studies are usually considered Ausbildung, exceptions are post-graduate studies and extra occupational studies (i.e. CAS and DAS, MAS, MBA, MBE, LL.M, dissertation, federal professional diplomas, etc.).

In the canton of Zürich, the relevant information can be found online at http://www.steueramt.zh.ch/html/erla.../m_bildung.htm (in German), the form is online at http://www.steueramt.zh.ch/html/formulare/index.htm.

Martin
Reply With Quote
This user would like to thank carcharhinus for this useful post:
  #6  
Old 07.04.2011, 09:51
Newbie
 
Join Date: Apr 2011
Location: Zug
Posts: 1
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
innovtag has no particular reputation at present
Re: Tax deduction for higher education

These are some great tips!
Can anyone tell me if it works the same in canton Zug (specifically the point "University studies are usually considered Ausbildung, exceptions are post-graduate studies and extra occupational studies (i.e. CAS and DAS, MAS, MBA, MBE, LL.M, dissertation, federal professional diplomas, etc.).")?

Thanks a million!
Reply With Quote
Reply

Tags
tax adjustment


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax deduction for relocation, etc Big Head Finance/banking/taxation 8 27.09.2011 15:38
Higher Education in State owned universities? Snow Berry Daily life 9 18.02.2010 14:41
tax deduction Geneva for 2010 djinns Finance/banking/taxation 0 02.02.2010 21:53
Pls help - Is there an agreement between UK and CH for higher education? sojoh Family matters/health 35 30.04.2009 09:48
Tax deduction cost of driving to work Termite Finance/banking/taxation 13 23.03.2007 17:33


All times are GMT +1. The time now is 15:38.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0