Several tax breaks can help you cover the high costs of education, future college expenses and interest you pay on student loans.
You can claim these education tax credits as a student if you're not claimed as a dependent on anyone else's tax return. Parents can claim the credit for a student who is a dependent. Spouses can ...
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2024 Education Tax Credits: Who Can Claim Them and How Much?Although both 2024 education tax credits (the American Opportunity Tax Credit and the Lifetime Learning Credit) can offer significant relief, a person can't claim both credits on the same return ...
Available for all years of postsecondary education, including courses to acquire or improve job skills. The maximum credit is $2,000 per tax return. Non-refundable; it can reduce your tax to zero ...
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