Tag: 529 College savings plans

Paying for College can be Less Taxing

Paying for College can be Less Taxing

Parents facing college expenses have several provisions in the tax law to consider. The benefits don’t apply to all, but there is something of interest for many families. Tax credits The American Opportunity Tax Credit is available for certain tuition and fees, and it allows you to reduce taxes annually up to $2,500 per student for four years of college.…

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