tell me about college tax benefits
Tax benefits can be used to get back some of the money you spend on college.
================
tax credits?
Tax credits is one way to offset the costs of college or career school by lowering the amount of your income tax.
null
no
what's one way to use a tax credit?
You can use the American Opportunity Credit it allows you to claim up to $2,500 per student per year for the first four years of school as you work toward a degree.
================
is there a savings program?
You will need to ask the financial aid office whether the college you plan to attend participates in one of these programs.
================
any tax deductions to help?
You can take a tax deduction for the interest paid on student loans. The benefit applies to all loans used to pay for higher education expenses, and there is a maximum deduction of $2,500 a year.
