Education Tax Guide
The tax code contains a number of options for reducing the cost of an education. In the Education Tax Guide course, we discuss the tax credits and deductions that can significantly reduce your net education expenditures. The course covers the requirements for each option, what types of expenses are covered, and how your taxable income impacts whether you can take advantage of these benefits.
Format
PDF Course
Level
Overview
Duration
1 Hour
Course Information
Author: Steven Bragg
Course Number: TX1040
IRS Program Number: 72821-T-00099-25-S
Learning Objectives
- Recognize the requirements for taking the American Opportunity Credit.
- Specify the requirements for taking the Lifetime Learning Credit.
- Specify how a Coverdell education savings account works.
- Recognize the tax status of scholarships and fellowships.
- Specify how savings bond interest can be tax-free for a student.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Taxes
Prerequisites: None
Advance Preparation: None
Latest Review Date: December 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.