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There are ways to sidestep college tuition. Here are 10 of the best options. ... Up to $5,250 in tuition reimbursement annually is tax-free for employees and employers.
Many 529 plans let you deduct contributions from your state income taxes, plus the growth and withdrawals are tax-free when used for qualifying education expenses. Student Loan Interest
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Form 1098-T for the 2016 tax year. Form 1098-T, Tuition Statement, is an American IRS tax form filed by eligible education institutions (or those filing on the institution's behalf) to report payments received and payments due from the paying student. The institution has to report a form for every student that is currently enrolled and paying ...
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Rhode Island high school graduates can get a two-year degree at the Community College of Rhode Island tuition-free. In Tennessee , eligible high school students pay no tuition at 13 community ...
Starting with tax year 2009, the Hope credit had been supplanted by the more generous American Opportunity Tax Credit. This credit allows for the first $1,200 in "qualified tuition and related expenses," as well as half of qualifying expenses between $1,200 and $2,400, to be fully creditable against the taxpayer's total tax liability.
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