higher education tax credits Archives

College Students Should Study Up on These Two Tax Credits
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College Students Should Study Up on These Two Tax Credits

American Opportunity, Education, IRS, Lifetime Learning, Personal Finance, Personal Taxes, Tax Credits, Tax Tips, Taxes

College Students Should Study Up on These Two Tax Credits

This article was published by the IRS. Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who pay higher education costs for themselves, their spouse, or dependents in 2023 may be able to take advantage of two education tax credits. The American opportunity tax credit and the [...]

cozbycpa2023-10-04T12:26:21-04:00October 4th, 2023|Categories: American Opportunity, Education, IRS, Lifetime Learning, Personal Finance, Personal Taxes, Tax Credits, Tax Tips, Taxes|Tags: American Opportunity Tax Credit, Cozby & Company, CPA Heather Cozby, higher education tax credits, Lifetime Learning Credit, Plymouth MA accountant, who qualifies for the American Opportunity Tax Credit, who qualifies for the Lifetime Learning Credit|

Two Education Credits Help Taxpayers with College Costs
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Two Education Credits Help Taxpayers with College Costs

American Opportunity, Education, IRS, Lifetime Learning, Personal Taxes, Planning Strategies, Tax Credits, Tax Relief, Tax Tips, Taxes

Two Education Credits Help Taxpayers with College Costs

The following article was published by the IRS. With school in session, parents and students should look into tax credits that can help with the cost of higher education. They do this by reducing the amount of tax someone owes on their tax return. If the credit reduces tax to less than zero, the taxpayer may [...]

cozbycpa2020-01-08T12:34:45-05:00December 18th, 2019|Categories: American Opportunity, Education, IRS, Lifetime Learning, Personal Taxes, Planning Strategies, Tax Credits, Tax Relief, Tax Tips, Taxes|Tags: American Opportunity Tax Credit, Cozby & Company, higher education tax credits, IRS Form 1098-T, Lifetime Learning Credit, Plymouth MA CPA Heather Cozby, tax credits for college|