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 [...]

Pop Quiz! Do You Qualify for an Education Tax Credit?

Class is in session! It's time to learn how education tax credits can help pay for higher education. There are two education tax credits that can help offset the cost of higher education: the American Opportunity Tax Credit and the Lifetime Learning Credit. These can help if you're heading to college, getting specialized job training, or [...]

Here’s What Taxpayers Need to Know About Higher Education Tax Credits

This article was published by the IRS. As a new school year approaches, students are considering what classes they need to take and how much the classes will cost. Whether it's community college, a trade school, a four-year university or an advanced degree, higher education is expensive. The good news is tax credits can help offset [...]

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 [...]

Tax Credits Help Offset Higher Education Costs

The following article was published by the IRS. Taxpayers who pay for higher education in 2018 can see tax savings when they file their tax returns. If taxpayers, their spouses or their dependents take post-high school coursework, they may be eligible for a tax benefit. There are two credits available to help taxpayers offset the costs [...]

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