John Giustina / Getty Images The American Opportunity Tax Credit (AOTC) is a partially refundable credit that offsets certain qualified post-secondary education expenses, up to $2,500. What Is the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

The information contained in the 1098-T will help you determine if you may claim various tax credits and/or deductions for qualified educational expenses. Please be aware that the 1098-T captures ...

Many education-related expenses don’t qualify for education credits or deductions. Here are a few common expenses you might pay when attending school, but cannot claim on your tax return ...

Eligible expenses include tuition and fees ... a nonqualified withdrawal,” Morris says. Coordinating Tax Credits for Education With Tax-Free 529 Withdrawals You can qualify for the American ...

The Idaho State Tax Commission’s spending request more than doubled a previous estimate of the cost to administer House Bill ...

The Educational Choice for Children Act of 2025 would ostensibly provide a tax break on charitable donations to organizations ...

IdahoEdNews Courtesy Before the House Revenue and Taxation Committee this month approved a bill creating a refundable tax credit for private education expenses, the legislative panel received ...

BOISE — State budget writers on Tuesday approved seven additional full-time staff for the Idaho Tax Commission to handle the ...

NOTE: It is up to each taxpayer to determine eligibility for the credits and how to calculate them ... are not considered mandatory education expenses for tax purposes. Secondly, Form 1098-T reports ...