Because of the coordination rules surrounding
the various education tax credits and deductions, it's important to discuss your specific situation with a qualified tax professional.
Not exact matches
The American Federation for Children — the group founded by
Education Secretary - nominee Betsy DeVos — put out a guide last summer about where the
various state
tax credit and voucher programs land on these
various issues.
regularly promotes
various decidedly un-reactionary reforms — vouchers,
tax credits,
education savings accounts, etc..
Total your
various credits, including the child
tax,
education and retirement savings contributions
credits, and subtract the result from the amount on line 44.
Your MAGI is used to determine your eligibility for
various Federal
tax benefits — including
education tax breaks, the adoption
tax credit, the retirement savings contribution
credit, and many more.
Further, providing
education assistance through
various credits and deductions, each with slightly different eligibility rules and benefit amounts, makes it difficult for families to determine which
tax preferences provide the most assistance.
The saver's
credit and
various education credits can put more money in your pocket by cutting your
taxes.