Hosting a foreign exchange student
Up to $50/month
Can You Write Off Hosting a Foreign Exchange Student?
Short answer: Yes: itemizers can deduct up to $50 a month while a student from a qualified program lives with you under a written agreement.
Itemizers deduct gifts to qualified charities above 0.5% of AGI from 2026; non-itemizers can deduct up to $1,000 ($2,000 joint) of cash gifts.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
Hosting a foreign exchange student
Typical range: Up to $50/month
Individuals / Personal Taxes
Yes: itemizers can deduct up to $50 a month while a student from a qualified program lives with you under a written agreement.
Business justification
Yes: itemizers can deduct up to $50 a month while a student from a qualified program lives with you under a written agreement. Itemizers deduct gifts to qualified charities above 0.5% of AGI from 2026; non-itemizers can deduct up to $1,000 ($2,000 joint) of cash gifts.
Category
- Personal Tax Deductions