Taking Tax Advantage of Post-Secondary Education Credits and Deductions.

Autor: Zupanc, Thomas, Zupanc, Thomas A.
Předmět:
Zdroj: Journal of the CPA Practitioner; Nov/Dec2013, Vol. 5 Issue 5, p8-9, 2p
Abstrakt: This article addresses three options for taking tax advantage of education expenses of undergraduates. The tax code provides two credits and an above-the-line deduction for these education expenses, but only one of them can be used in a given year for the same student. This article will help explain these tax benefits and guide the taxpayer to decide which of the three provides the greatest advantage.
Databáze: Supplemental Index