Tax Tips: Understanding Education Tax Credits

Dear Taxpayer,

Do you understand exactly what the tax benefits for Higher Education are if you or your dependent(s) is a student?

There are two types of tax Credits for this topic:

• American Opportunity Tax Credit
• Lifetime Learning Tax Credit

During today's show, we will explain the difference and benefits of these tax credits and deductions.

College students, parents, counselors and those considering higher education should also tune-in.