Education tax credits like the American Opportunity Credit and Lifetime Learning Credit can significantly reduce the amount you owe in taxes. If you attend a college or trade school, you may be eligible to claim an education tax credit. Learn more about
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The amount of the tax credit is calculated according to a somewhat complicated formula so it rewards those with the least income and the most children. You don’t absolutely have to have a qualifying child dependent, but you’ll get more of a tax credit if you do. The maximum credit is ...
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Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year. Kimberly LankfordJan. 27, 2025 Ways to Save Money on a Tight Budget If you’re living paycheck to paycheck, consider these strategies to save money. ...
A net price calculator can help estimate students' financial aid eligibility. Sarah Wood Aug. 6, 2024 Net Price Calculator: What to Know The vast majority of students need to borrow money to pay for college. Here's how to get a student loan, so you ...
I know it’s fun to get a tax refund check,but it’s not ideal.If you’re getting a pretty substantial refund, what it means is that you’re giving the government a year-long, interest-free loan. Why would you want to do that?! You wouldn’t. ...
Student Credit Cards:Designed for college students and young adults, student credit cards may have more lenient approval requirements, potentially bypassing the need for a hard credit inquiry. It’s important to note that while these types of credit cards typically do not require a hard credit inq...
College Closings and Financial Aid: What to Know. Sometimes school closures are long, drawn-out processes. Other times shutdowns can seemingly happen overnight. But the first step for students when they hear the news that their college is closing is to get their records as soon as possible,...
Some American College Students American college and university students who work part-time at their schools may also qualify for an exemption from the Social Security tax. The job must be contingent on the student’s full-time enrollment at the college or university or half-time status if they...