Education Tax Credits
  • Home
  • About
  • Blog
  • Blog Directory
  • Home
  • About
  • Blog
  • Blog Directory
Search by typing & pressing enter

YOUR CART

Teachers and Students
Picture


Teachers Tax Breaks-  $250 is available each year as a deduction from a teachers federal income for the classroom supplies they buy.

AMERICAN OPPORTUNITY TAX CREDIT The Protecting Americans from Tax Hikes (PATH) Act of 2015 made the American Opportunity Tax Credit (AOTC) permanent. This credit expands the previous Hope Credit and can make education more affordable for lower-income families and students who might not otherwise be able to attend college.  Maximum benefit per student is a $2,500 annual tax credit.
Do you qualify for 2019?

LIFETIME LEARNING CREDIT For students not pursuing a degree, the Lifetime Learning Credit (LLC) is available at any point in their post-secondary education. Workers may use the LLC to improve job skills which can increase their earning ability. Unlike the AOTC, this credit only reduces income tax, and won’t benefit filers that do not owe tax.  Maximum benefit per student is a $2,000 annual tax credit.
Do you qualify for 2019?

Powered by Create your own unique website with customizable templates.