Education

The Latest

  • August 18, 2010

    With all the publicity over the rising costs of higher education and the tools available to actually project the costs of an education at a particular public or private school for a specific term, smart parents are thinking ahead to the day when...

  • August 18, 2010

    The “Tuition and Fees Deduction” is an education tax benefit that allows taxpayers a tax deduction if they paid the qualified education expenses for an eligible student (themselves, their spouse, or a dependent). It is an above-the-line deduction...

  • August 18, 2010

    The Student Loan Interest Deduction is an education tax benefit that allows taxpayers to deduct up to $2,500 of the interest paid on student loans. This education tax deduction can be claimed on your...

  • August 18, 2010

    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 paid qualified tuition and related expenses for the first four years of postsecondary education.

    For...

  • August 18, 2010

    The Lifetime Learning Tax Credit is an education tax benefit that allows taxpayers a credit of up to $2,000 for the qualified tuition and educational expenses of a student. This tax credit is nonrefundable and it applies to students at the...

  • August 18, 2010

    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 expenses for an eligible student (for tax year 2009). The eligible student may be themselves,...