H&R Block Answers Questions Regarding Tax Credits And Deductions For Education | Tax Stories of the Jacksonsville Princess
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Education expenses can be claimed as a tax credit on an itemized return, but under what circumstances? For instance, does a long-term course of study as an electrician count as a 4-year post-grad program?
According to income tax experts H&R Block, the American Opportunity Credit, or AOC, may be claimed by individuals who are working toward an educational credential such as a certificate or bachelor’s degree. That’s it.
H & R Block also advises its clients to look at the Lifetime Learning Credit as tuition and fees may be claimed under its rules as a deduction. One caveat is … Read more at 2011 Tax.
The post H&R Block Answers Questions Regarding Tax Credits And Deductions For Education appeared first on 2011 Tax to 2014 Tax.

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