Who Can — Who Should — Take the American Opportunity Credit?
If you have a child in college, you may be eligible to claim the American Opportunity credit on your 2016 income tax return. If, however, your income is too high, […]
Should You Forgo a Personal Exemption So Your Child Can Take the American Opportunity Credit?
If you have a child in college, you may not qualify for the American Opportunity credit on your 2014 income tax return because your income is too high (modified adjusted […]
2013 Higher Education Breaks May Save Your Family Taxes
Tax credits can be especially valuable because they reduce taxes dollar-for-dollar; deductions reduce only the amount of income that’s taxed. A couple of credits are available for higher education expenses: […]
Tax Tips for Higher Education Costs
As we approach August, it is time to start thinking about college as the Fall is fast approaching. For college students and those who love them, that means tuition payments […]