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Education tax credits

10 Tax Benefits for Parents with Kids

10 Tax Benefits for Parents with Kids

By Admin on January 24, 2012

Your children may help you qualify for some valuable tax benefits. Here are 10 things parents should consider when filing their taxes this year.

Posted in Tax Tips | Tagged Adoption Credit, Child and Dependent Care Credit, child tax credit, Children with investment income, deduction, Dependents, earned income tax credit, Education tax credits, EITC, Higher education credits, Student loan interestSelf-employed health insurance, Tax Benefits | Leave a response

Offsetting Your Education Costs

Offsetting Your Education Costs

By Admin on May 15, 2009

Education tax credits can help offset the costs of higher education for yourself or a dependent. The Hope Credit and the Lifetime Learning Credit are two education credits available which may benefit you. Because they are credits rather than deductions, you may be able to subtract them in full, dollar for dollar, from your federal income tax.

Posted in Student Tax Tips, Tax Tips | Tagged Education Credits, Education tax credits, higher education, Hope Credit, Lifetime Learning Credit, Tax Benefits for Education | Leave a response

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