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  2. Are College Tuition and Education Expenses Tax-Deductible?

    www.aol.com/college-tuition-education-expenses...

    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

  3. Is Private School Tuition Tax Deductible?

    www.aol.com/private-school-tuition-tax...

    Final Take To GO: Education Expenses vs. Tax Deductions. In most cases, private school tuition is not tax deductible at the federal level. However, there are exceptions and other avenues to ...

  4. 6 Best Tax Savings Tips for College Students

    www.aol.com/6-best-tax-savings-tips-170008976.html

    The school should send a 1098-T form that reports the year’s education expenses. The first $2,000 in education expenses can qualify for a 100% credit, and an additional $2,000 in expenses ...

  5. Lifetime Learning Credit - Wikipedia

    en.wikipedia.org/wiki/Lifetime_Learning_Credit

    The credit can be claimed for education expenses incurred by the taxpayer, the taxpayer's spouse, or the taxpayer's dependent. This credit allows for a 20% non-refundable tax credit for first $10,000 of qualified tuition and expenses to be fully creditable against the taxpayer's total tax liability.

  6. Itemized deduction - Wikipedia

    en.wikipedia.org/wiki/Itemized_deduction

    Unreimbursed work-related expenses, such as travel or education (so long as the education does not qualify the taxpayer for a new line of work; law school, for example, is not deductible) (repealed, effective January 1, 2018 [8] Fees paid to tax preparers, or to purchase books or software used to determine and calculate taxes owed

  7. Hope credit - Wikipedia

    en.wikipedia.org/wiki/Hope_Credit

    The Hope credit, provided by 26 U.S.C. § 25A(b), was available to taxpayers who have incurred expenses related to the first two years of post-secondary education. [1] For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis.

  8. Can I Deduct My Education Expenses from My Taxes? - AOL

    www.aol.com/finance/deduct-education-expenses...

    The tax code has changed a lot recently, and there may be some confusion among filers about whether or not education expenses are tax-deductible. Though the standard tuition and fees deduction ...

  9. Did You Go to College Last Year? Check Out These Education ...

    www.aol.com/did-college-last-check-education...

    The American opportunity tax credit is a partially refundable tax credit for qualified education expenses. Eligible taxpayers can receive an annual credit of up to $2,500. Eligible taxpayers can ...