Archive: January, 2016

Summary of 2015 Tax Extenders affecting Individuals

15

Jan2016
Qualified Tuition and Related Expenses The American Opportunity credit has been made permanent. This tax benefit allows up to $2,500 tax credit per qualifying student. The tuition and fees deduction was not made permanent; instead was extended through 2016. The tuition and fees deduction may provide an alternative tax ... Read More