College and Education Tax Tips

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Recent Articles

Deduction for Higher Education
The Tuition and Fees Deduction expired at the end of 2016. It allowed you to deduct up to $4,000 from your income for qualifying tuition expenses paid for you, your spouse, or your dependents. Read more…

Tax Tips for New College Graduates
Before you climb that first rung of the career ladder, there are some basic rules to understand about income taxes. Think of it as Taxes 101. Read more…

Sending Kids to College
TurboTax can help you take advantage of tax breaks to ease the financial burden of sending kids to college, including tax credits, tuition deductions, tax-free savings and more. Read more…

Bigger, Better College Tax Credit
A key tax credit that helps families pay for college got a major boost in the 2009 stimulus bill. The credit is bigger, covers more years of college, and helps more taxpayers. Read more…

Take Advantage of Two Education Tax Credits
The American Opportunity credit and the more familiar Lifetime Learning credit can make higher education costs more affordable. Read more…


More College and Education Articles

The Lowdown on Education Tax Breaks Video: Tax Tips for Students Video: What Is the Lifetime Learning Tax Credit? What Is the American Opportunity Tax Credit? Are College Entrance Exams Tax Deductible? Can I Deduct My Computer for School on Taxes? Video: Tax Tips for Teachers What Is the Lifetime Learning Tax Credit? Are Contributions to School District Programs Tax Deductible? What Is the IRS Form 8863? What Are Education Tax Credits? Video: What Is a 529 Plan Contribution? About Student Loan Tax Credits Are Contributions to Nonprofit Schools Tax Deductible? What Is IRS Form 8917? Information on 529 Plans What Is IRS Form 1099-Q? How to Report FAFSA College Money on a Federal Tax Return Cash for College: Tax-Free 529 Plans Do You Have to Claim Pell Grant Money on Your Taxes? Guide to IRS Form 1099-Q: Payments from Qualified Education Programs Video: Guide to IRS Form 1098-T Tuition Statement Video: What Educational Expenses Are Tax Deductible? Guide to Tax Form 1098-T: Tuition Statement How to Calculate Your Lifetime Learning Tax Credit on IRS Form 8863 What is a 1098-E: Student Loan Interest What is Form 1098-E: Student Loan Interest Statement? Tax Tips for Teachers: Deducting Out-of-Pocket Classroom Expenses Tax Deductions for Voluntary Interest Payments on Student Loans Video: Top College Tax Deductions and Credits Taxes for Grads: Do Scholarships Count as Taxable Income? What is the Educator Expense Tax Deduction? Tax Tips When Sending Kids to Private or Public Schools Learn About the New College Tax Credit

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