To go along with our previous blog about tax credits and deductions for Higher Ed in 2010, we also want to share this annual guide from NASFAA.org (the National Association of Student Financial Aid Administrators) that outlines and explains the tax credits available to you in detail.
Posts tagged ‘Tax Credit’
Hooray! It’s 2011 and like the most of the population of the U.S., you’re probably gearing up to ring in the new year by filing your 2010 taxes in hopes of a hefty return! If you or a dependent attended college during 2010, you’re in luck because the federal government offers tax credits and deductions to help lighten the college tuition load. There are two different tax credit options to choose from (Usually three options, but the “Hope Credit” is unavailable for the 2010 tax return) as well as a standard deduction for higher education.