Education
Requesting a Tax Extension
Each year, millions of U.S. taxpayers file for a tax extension with the IRS. Filing for a tax extension doesn’t mean you have more time…
What federal income tax form do I file to deduct education expenses?
Certain education expenses can be claimed on your 2010 federal tax forms to lower your tax liability. These expenses are claimed on your 1040 tax…
Hope Credit
The Hope Scholarship Tax Credit is an education tax benefit that allows taxpayers a credit of up to $2,500 (per student, per year) if they…
The American Opportunity Tax Credit
The American Opportunity Tax Credit is an education tax benefit that allows taxpayers a credit of up to $2,500 if they paid the qualifying educational…
Education Tax Credits
It used to be that parents spent a lot of time worrying about how they were going to be able to afford to send their…
Tax Credits
Lower Your Taxes By Claiming Tax Credits On Form 1040 Ask anyone and they will surely tell you they pay too much in taxes. Fortunately,…
