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American Opportunity Tax Credit. The American Opportunity Tax Credit allows you to lower your income tax bill by up to $2,500 per student, per year on undergraduate tuition, fees and books. Room ...
6. Earn College Credits in High School. If you’re still in high school, you can get a jump start on college before you ever set foot at a university. Many high schools offer special programs to ...
The lifetime learning credit (the LLC) is a nonrefundable tax credit worth up to $2,000. If your tax bill hits below zero you cannot receive any money back from this credit. You can only claim the ...
Learn about the partially refundable tax credit for post-secondary education expenses in the US, first enacted in 2009 and made permanent in 2015. Find out the eligibility, amount, phase-out, and history of the credit, as well as related legislation and references.
A 529 plan is a U.S. investment vehicle that allows tax-free growth and withdrawal for qualified higher education expenses. Learn about the history, types, benefits, and limitations of 529 plans from this comprehensive article.
Learn about the federal tax credit for low- to moderate-income working individuals and couples in the US, its history, eligibility, and benefits. Find out how the EITC phases in, phases out, and interacts with other programs and factors.
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