Tax Credit Helps Pay for Higher Education Expenses

Admin — Sat, 20 Feb 2010 08:15:48 +0000

The American Recovery and Reinvestment Act was passed in early 2009 and created the American Opportunity Credit. This educational tax credit – which expanded the existing Hope credit – helps parents and students pay for college and college-related expenses.

Offsetting Your Education Costs

Admin — Fri, 15 May 2009 21:06:32 +0000

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.

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Tax Credit Helps Pay for Higher Education Expenses

Offsetting Your Education Costs