Tag Archives: Form 1098-T

Tax Credits Help Offset Higher Education Costs

The following article was published by the IRS. Taxpayers who pay for higher education in 2018 can see tax savings when they file their tax returns. If taxpayers, their spouses or their dependents take post-high school coursework, they may be … Continue reading

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New Compliance Requirement for Claiming Educational Tax Credits

Beginning in 2016, in order to claim an American Opportunity or lifetime learning credit or a deduction for education-related tuition and fees, you must have received a Form 1098-T. The form reports qualified tuition and related expenses received by the … Continue reading

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Back-to-School Education Tax Credits

The following article was published by the IRS. If you, your spouse or a dependent are heading off to college in the fall, some of your costs may save you money at tax time. You may be able to claim … Continue reading

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Education Tax Credits

If you or your kids are attending college, you can save money on the cost of tuition, books, and fees just by filing your tax return. For example, you can get up to $2,500 from the American Opportunity Tax Credit … Continue reading

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