Can I get tax credit for college expenses?

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Rittenhouse 0 Comments

Can I claim tax credit for the college expenses I paid for my son? Do you know how the tax credit for college expenses work and which are the forms that I should complete?

1 Answer

score 0 · Answer 1 · 2012-12-02T19:55:45+00:00

There are different tax credits you can obtain for college expenses. The tax law has changed a lot recently but spending a bit of time searching for it is definitely far from being a waste of time. An example is the tax credit you can obtain for paying college expenses called Lifetime Learning Tax Credits. The maximum you can get is $2,000 for the first 10 grand you spent.