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Education Tax Credits & Deductions: Updated for 2017 & 2018

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The readership here is heavy on those completing school for the first time and going back to school to further their education. So I’ve updated this post to reflect the 2017 tax year (with notes on what changes for 2018 with the 2018 Congressional budget deal). The good news is that if you’re paying for school (for yourself or others), there are a many education tax credits and deductions available to you – some of which were recently retroactively and permanently extended as part of the tax extender legislation in a previous Congressional budget deal. And the above-line...

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