Author Topic: Tax Breaks for Students (Read 5043 times)

pmp6nl · « **on:** January 26, 2010, 11:28:46 AM »

If you are an undergrad, you will benefit the most. Take a look at the American Opportunity Credit, the Lifetime Learning credit, and the Hope Credit.

http://finance.yahoo.com/taxes/article/108642/tax-breaks-for-almost-everyone?mod=taxes-filing

Sal Atticum · « **Reply #1 on:** January 26, 2010, 01:24:50 PM »

I think TurboTax will lead you through these as well. If you've never tried TurboTax, I'd recommend giving it a try.

pmp6nl · « **Reply #2 on:** January 26, 2010, 04:38:27 PM »

Too bad grad students dont qualify for some.

gh · « **Reply #3 on:** January 27, 2010, 03:27:59 PM »

Too bad, all these tax breaks weren't available last year when I could have used them as an undergrad.

Sal Atticum · « **Reply #4 on:** January 27, 2010, 04:00:21 PM »

Too bad, all these tax breaks weren't available last year when I could have used them as an undergrad.

I'm pretty sure Lifetime Learning and Hope have been around a few years.

Not that this will help you $:-\$

zman · « **Reply #5 on:** January 28, 2010, 12:52:23 PM »

They have been around, however they are much higher now.