Posts Tagged ‘higher education’
Master of the Universe: New Court Ruling Allows Tuition Deduction for MBA
If you’ve been toying with the idea of going for your Masters, I’ve got some good news for you especially if you’re a higher earning taxpayer that is having your Lifetime Learning Credit and the Tuition Deduction phased out. [Read More]
Federal Tax Incentives for Continuing Education (Part 4 of 4): Student Loan Interest Deduction
So far we’ve discussed the American Opportunity Tax Credit (modified Hope Credit), the Lifetime Learning Credit and even Tuition & Fee Deductions. Today though, we’re going to cover the last in our 4 part series on education tax incentives—Student Loan Interest [Read More]
Federal Tax Incentives for Continuing Education (Part 3 of 4): Tuition and Fees Deduction
While we’ve been talking about the Lifetime Learning Credit and the American Opportunity Credit (Hope Credit, modified for 2009-10), I would be remiss to leave out other options for taxpayers who may not qualify for either credit. If you don’t qualify for anything else, [Read More]
Federal Tax Incentives for Continuing Education (Part 2 of 4): Lifetime Learning Credit
Last week we discussed the benefits of the American Opportunity Tax Credit (or modified Hope Credit, this week we are going to take a look at the Lifetime Learning Credit. This federal tax credit will probably apply to a larger number of individuals as it is much more [Read More]
Federal Tax Incentives for Continuing Education (Part 1 of 4): American Opportunity Tax Credit
For many American’s, the ideal of living in the “Land of Opportunity” seems to be quickly fading into nothing more than a distant memory. It’s unfortunate that the turn of our economy has dimmed the hopes of so many, but there is still opportunity to be had. It is [Read More]