You could be
eligible for
a tax credit
and/or the Higher
Education Tuition and Fees
Deduction for qualified tuition and related expense you have paid under
one of these three tax
benefits designed
to help
students or their parents finance their post-secondary education:
-
Lifetime
Learning Tax Credit, available
to students who take one
or more
classes from
a college
or university
to pursue
an undergraduate or graduate degree,
certificate, other recognized
credential, or
to acquire
or improve job skills;
-
Hope
Scholarship Tax Credit (“Hope”), available
to students
who are enrolled in one of the first two years of post-secondary
education and are carrying at least a half-time
workload while
pursuing an
undergraduate degree,
certificate, or other recognized credential; and
-
Higher Education
Tuition and Fees Deduction, available
to tax
filers whose
modified Adjusted Gross Income
(AGI) is
too high to qualify
for the Hope
and Lifetime
Learning Tax Credits.
The above information may or may not reflect recent
revisions in IRS regulations. The IRS web site at
www.its.gov contains more information.
Please check with your tax preparer/advisor to ensure that you have the
most recent information available.
Consent for the electronic delivery of 1098-T's
and more information is available on the TCRS student web site at
www.1098T.com .
