In the “You Got This” Weekly Series, we will answer a question from our customers found on Facebook, Twitter, TaxACT’s Blog and around the web. Question: I am a graduate student and I receive nearly full remission of tuition and fees from my university as part of my compensation for my teaching assistantship. My 1098-T shows that I “paid” […]
Are you getting all the tax breaks you’re entitled to as a parent? If you are a parent, chances are that the 2012 tax law changes will affect you. Several important tax breaks were scheduled to expire at the end of 2011. There was a wide expectation the breaks would eventually be extended for 2012, […]
Other than buying a home, a college education is one of the biggest investments Americans typically make. College costs are continually on the rise making student loan debt at an all time high to $870 Billion. The average student is more than $27,000 in debt. Fortunately, you may be able to cut your college costs […]
Do you just cringe every time you get those college bills in the mail? Are you looking for ways to possibly get some of that cash back? The following is an infographic that summarizes the education tax benefits outlined in the College Tax Whiz tool.