While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

Some relevant tax credits for first-time filers include the American Opportunity tax credit and the Earned Income credit.

North Dakota Gov. Kelly Armstrong’s property tax reform and relief bill moved out of committee on Monday, ahead of competitor ...

College isn’t cheap. However, depending on your situation, you might be eligible to deduct all or a portion of tuition costs ...

American Opportunity Tax Credit (AOTC): Offers a credit for qualified education expenses paid for an eligible student for the first four years of higher education. The maximum annual credit is $ ...

If the adoption was domestic and it fell through, you are still eligible for the adoption tax credit. 5. The American Opportunity Tax Credit As noted, parents of college-aged kids generally don ...

The credit is nonrefundable, so you can't get back more than you owe in taxes. 4. American Opportunity Tax Credit (AOTC): The American Opportunity tax credit is for qualified education expenses ...

The state budget will go to the full House next week with 96 earmarked items costing $166.2 million total added to Gov. Mike ...

Others education tax breaks include: American Opportunity Tax Credit: A maximum $2,500 per eligible student to help with the first four years of higher education costs. Lifetime Learning Credit ...

Green-Lewis acknowledged the Earned Income Tax Credit for a family of three kids is now up to $7,830. If you or your child is a student, there's the American Opportunity Tax Credit, which is for ...