The American Opportunity Tax Credit eases that burden with an annual education tax credit of up to $2,500 for tuition and fees for the first four years of higher education, and it’s available to ...

John Giustina / Getty Images The American Opportunity Tax Credit (AOTC) is a partially refundable credit that offsets certain qualified post-secondary education expenses, up to $2,500. What Is the ...

Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...

Saver's Credit (Retirement Savings Contributions Credit): Encourages low- and moderate-income taxpayers to make contributions ...

The deadline to file your taxes is less than a month away, and if you’re doing them for the first time, you might be feeling ...

The American Opportunity Tax Credit is available for students the first four years after high school. If a student attended the university at least half time during the past calendar year and ...

The only two credits that cannot be claimed in the same year are the American Opportunity Tax Credit and the Lifetime Learning Credit. It indicates an expandable section or menu, or sometimes ...

The Internal Revenue Service announced in December that it would be distributing about $2.4 billion − up to $1,400 per ...

Some relevant tax credits for first-time filers include the American Opportunity tax credit and the Earned Income credit.