The student, someone claiming the student as a dependent, or a spouse making qualifying education payments can claim the AOTC on their tax return. While the credit won’t cover r ...

The cost of attending college can be a major financial burden on students and their families. The average costs for tuition, books, supplies and daily living expenses reached $38,270 in 2024 ...

Families paying the steep costs of higher education may be looking for any break they can get. Enter the American opportunity tax credit. This tax credit, which is designated for taxpayers who pay ...

The American Opportunity credit, worth up to $2,500 per student for each of the first four years of college, was scheduled to expire at the end of 2012, but the fiscal cliff law passed on January ...

Taking time to learn about key tax credits and deductions can help you save hundreds of dollars or more each year.

The American Opportunity Tax Credit is available for students the first four years after high school. If a student attended the university at least half time during the past calendar year and ...

Education Abroad at UAB encourages students to refer to their UAB account for billing records concerning their education abroad experience. Some general information about the IRS tax form 1098-T is ...

Every filing season, millions of taxpayers miss out on the opportunity to maximize their tax refunds—leaving billions of dollars in unclaimed tax credits and deductions on the table. Despite ...

The American Opportunity Tax Credit is available for students the first four years after high school. If a student attended the university at least half time during the past calendar year and ...