ARE YOU MAKING THE MOST OF EDUCATION TAX CREDITS?
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
The year-end is usually the best time to review tax planning strategies. One important option is to pre-pay tuition for 2017. The video below goes over some of the IRS requirements to see if the American Opportunity or Lifetime Learning credits could apply to you.
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