Education tax credits are an easy way to help cover some of the costs of education. If one of your dependents is a student, you’ll be able to take advantage of one of two educational tax credits available for this upcoming tax year.
They’re much better for savings than a standard deduction in tuition costs. Credits cut your tax bill dollar-for-dollar. So, if you’re want to claim education tax credits, read about them and see which credit offers the best savings for you.… Read the rest