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4 Tax Breaks Every College Student Should Know About - DailyFinance
All college students should try to take advantage of one of these four major education-related tax breaks.
http://www.dailyfinance.com/2013/02/01/best-college-student-tax-breaks/
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Overview of the Lifetime Learning Tax Credit - About
Learn about the Lifetime Learning Credit, a federal tax credit for any person who takes college classes. Updated for 2015 and 2016 figures from the IRS.
http://taxes.about.com/od/Tax-Credits/qt/Lifetime-Learning-Tax-Credit.htm
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What is the Lifetime Learning Tax Credit? - TurboTax Tax Tips and Videos
With the rising cost of higher education, many taxpayers wonder how they can offset some of their school expenses.
https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/What-is-the-Lifetime-Learning-Tax-Credit-/INF14341.html
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FinAid: Other Types of Aid, Education Tax Benefits
Education Tax Benefits are a form of aid that students and their parents can take advantage of, typically during tax season.
http://www.finaid.org/otheraid/tax.phtml
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Not Eligible To Claim The $2,500 American Opportunity (College) Tax Credit, Try This - Forbes
If your child's scholarship makes you ineligible to claim the $2,500 American Opportunity Tax Credit for college expenses, claim a portion of the scholarship as taxable income to your child and pick up $2,500 per year in tax savings.
http://www.forbes.com/sites/troyonink/2015/07/31/not-eligible-to-claim-the-2500-american-opportunity-college-tax-credit-try-this/
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Overview of the American Opportunity Tax Credit - About
The American Opportunity Tax Credit provides up to $2,500 for people pursuing undergraduate education. Updated for 2015 and 2016 figures from the IRS.
http://taxes.about.com/od/deductionscredits/qt/American-Opportunity-Tax-Credit.htm
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What is the American Opportunity Tax Credit? - TurboTax Tax Tips and Videos
The American opportunity credit allows taxpaying students the opportunity to settle the cost of attending college.
https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/What-is-the-American-Opportunity-Tax-Credit-/INF14140.html
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Tax Benefits - Federal Student Aid
Read IRS Publication 970, Tax Benefits for Education to see which federal income tax benefits might apply to your situation. Here are some highlights: Tax Credits for Higher Education Expenses Two tax credits help offset the costs (tuition, fees, books, supplies, equipment) of college or career school by reducing the amount of your income tax:
https://studentaid.ed.gov/sa/types/tax-benefits
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Tax Benefits for Education: Information Center - IRS
Tax credits, deductions and savings plans can help taxpayers with their expenses for higher education.
https://www.irs.gov/uac/Tax-Benefits-for-Education:-Information-Center
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Lifetime Learning Credit - Wikipedia, the free encyclopedia
The Lifetime Learning Credit, provided by 26 U.S.C. § 25A(b), is available to taxpayers who have incurred education expenses. For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis.
https://en.wikipedia.org/wiki/Lifetime_Learning_Credit
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American Opportunity Tax Credit - Wikipedia, the free encyclopedia
The American Opportunity Tax Credit is a partially refundable tax credit detailed in Section 1004 of the American Recovery and Reinvestment Act of 2009.
https://en.wikipedia.org/wiki/American_Opportunity_Tax_Credit
