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Taxes for College Students

How To File Your Income Tax Return

Tips & Instructions for Preparing & Filing Your 1040 Return Filing your taxes every year isn’t fun, but it is necessary. This article explains what…


Refundable vs. Non-Refundable Tax Credits

There Are Two Main Types of Credits That Can Reduce Your Tax Bill Tax credits, available through the IRS, can bring you a substantial savings…


The American Opportunity Tax Credit (AOTC)

Offset the Costs of Higher Education by Reducing Your Income Tax The American Opportunity Tax Credit (AOTC) was originally introduced for tax years 2009 and…


Education Tax Credits for Back-to-School

Education tax breaks that can help save you money.If you pay for the cost of higher education for yourself, your spouse, or your dependent child,…


Important Tax Forms

IRS tax forms commonly used by individual taxpayers, including the W-2 and 1040 series.There are many different IRS tax forms that you may come across…


Tax Benefits for Education (Part 2)

2021-2022 Federal Education Tax Breaks for College Savings Plans   This article is second in a series titled “Tax Benefits for Education.” Read the first…


How to Determine Your Filing Status

When you fill out your income tax return, you must indicate on the form what your filing status is. There are 5 filing status options,…


Claiming Personal and Dependent Exemptions

When preparing your Federal income tax return, there are two different types of exemptions that you may be allowed to claim:Personal exemptions for yourself (and…