eTax.com Reminds Taxpayers About Education Tax Credits
For those paying for their education, there are a few tax credits that can help decrease the amount owed. The American Opportunity Credit and the Lifetime Learning Credit are available to those responsible for education expenses, such as tuition, fees, textbooks, supplies, and equipment. Some incurred expenses, like insurance, transportation, and personal fees aren't eligible to be claimed for either tax credit.
View full press release