The federal government provides a number of tax incentives for college, including tax credits, deductions and tax-free income. All have income limitations and other restrictions.
To Learn More…
Read IRS publication 970, Tax Benefits for Higher Education, online at www.irs.gov.
Additionally, EdFund, a California state agency that provides student loan guarantee services to colleges, universities and career schools across the United States, compiled the following information to assist students. Please click on the link below:
Federal Tax Benefits At A Glance - Tax Year 2008
Also, be sure to consult a good tax advisor.
Textbook Tax Credit
