Classes may be wrapped, but there’s still Extra Credit to be had, grads. 🎓
Study up on these two education credits that you may qualify for:
➡️ The American Opportunity Tax Credit (AOTC):
If you're paying for higher education, this can help put money back in your pocket. It's designed for students working toward a degree and can provide up to $2,500 per student each year for expenses like tuition, fees, and required course materials. The credit is typically available during a student's first four years of college, and a portion of it may be refundable—meaning you could get money back even if you don't owe taxes.
➡️ Lifetime Learning Credit:
For students beyond their first four years—or anyone taking classes to earn a graduate degree, build professional skills, or continue their education. While it offers a smaller benefit of up to $2,000 per tax return, there's no limit to how many years you can claim it.
Together, these credits can help make education more affordable...
Suggested Credits
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