Tax Credits
American Opportunity Credit
For students in their first four years of higher education. Maximum annual credit is $2,500 for qualifying educational expenses.
For more information, consult a tax professional or visit https://www.irs.gov/credits-deductions/individuals/aotc
Lifetime Learning Credit
For students enrolled in courses to get a degree or other recognized education credential or to get or improve job skills. Maximum annual credit is $2000 for qualifying tuition and fees.
For more information, consult a tax professional or visit www.irs.gov/credits-deductions/individuals/llc.