As a new school year approaches, students are considering what classes they need to take and how much those classes will cost. Whether it’s a community college, a trade school, a four-year university, or an advanced degree, higher education is expensive. The good news is tax credits can help offset these costs by reducing the amount of tax someone owes.
If taxpayers, their spouses, or their dependents take post-high school coursework, they may be eligible for a tax benefit when they file their tax return next year.
Reach out to us to learn about the two credits available to help you save money on higher education.