SAT: Tax deductions available for school tuition expenses

Tax authorities have highlighted potential tax deductions available to parents regarding school-related expenses. For tuition fees to be deductible, the educational institution must have official authorization or recognition of validity of studies.

Annual deduction limits for tuition vary by educational level:

• Preschool: up to 14,200 pesos • Primary: up to 12,900 pesos • Secondary: up to 19,900 pesos • Technical professional: up to 17,100 pesos • High school or equivalent: up to 24,500 pesos

It is important to note that certain back-to-school costs are not eligible for these specific tuition deductions, including enrollment fees, re-enrollment fees, school supplies, uniforms, and recreational activities.