Found 16 Matching Items; Displaying 11 - 16.
Understanding your CP03 notice
Our records show you already claimed the American Opportunity Tax Credit (AOTC) on Form 8863 of your 2023 tax return for the same student for the four years allowed.
General Information
Individuals
Taxpayers should review the education tax credits before they file
Tax Tip 2024-67, Aug. 6, 2024 — There are two education tax credits designed to help offset education costs: the American Opportunity Tax Credit and the Lifetime Learning Credit.
General Information
Individuals
Review the education credits before filing a federal tax return
Tax Tip 2025-23, April 3, 2025 —There are two tax credits designed to help taxpayers reduce education costs: the American Opportunity Tax Credit and the Lifetime Learning Credit.
General Information
Students
College students should study up on these two tax credits
IRS Tax Tip 2022-123, August 11, 2022 — Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who paid higher education costs for themselves, their spouse or dependents in 2021 may be able to take advantage of two education tax credits.
General Information
Individuals, Students
Two tax credits that can help cover the cost of higher education
Tax Tip 2022-38, March 10, 2022 — Higher education is important to many people and it’s often expensive. Whether it’s specialized job training or an advanced degree, there are a lot of costs associated with higher education. There are two education tax credits designed to help offset these costs - the American opportunity tax credit and the lifetime learning credit.
General Information
Individuals, Tax Professionals
Qualified Ed expenses
Find out which education expenses qualify for claiming education credits or deductions.
General Information
Individuals