Back-to-School Education Tax Credits
Back-to-School Education Tax Credits
If you, your spouse or a dependent are heading off to college in the fall, some of your costs may save you money at tax time. You may be able to claim a tax credit on your federal tax return. Here are some key IRS tips that you should know about e tax credits:
• American Opportunity Tax Credit. The AOTCis worth up to $2,500 per year for an eligible student. You may claim this credit only for the…
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