It’s my annual “Taxes from A to Z” series! Next up: N is for nonrefundable tax credits A credit is a dollar for dollar reduction
Read MoreTag: Education credits
Understanding Your Forms: 1098-T, Tuition Statement
Here’s what you should know about the form 1098-T, Tuition Statement.
Read MoreBack To School 2014: American Opportunity Credit
(UPDATE: The giveaway is now closed. We have our winners! See the comments for more info.) Education tax credits can help you pay for the
Read MoreFAFSA, Tax Return Delays Could Slow College Enrollment Decisions
The delay in processing forms 8863, Education Credits, at the IRS is causing more trouble than just slowing down refunds. The delay, which was formally
Read MoreIRS, H&R Block Release Statements About Processing Delays
(Note: Updated to reflect Department of Education comments.) As anger continues to grow over delays with processing the federal form 8863, Education Credits, I reached
Read MoreHundreds Of Thousands Of Taxpayers Thought To Be Impacted By Education Credit Snafu
Tax season is proving to be a major headache for taxpayers this season. And it looks like it’s not about to get better for hundreds
Read MoreIRS Explains Delays In Processing Some Returns Claiming Education Credits
When the Internal Revenue Service finally announced that it was accepting federal form 8863, Education Credits (American Opportunity and Lifetime Learning Credits (downloads as a
Read MoreIRS Says Taxpayers Claiming Education Breaks Should Expect Delays
With just a few days left before tax season officially opens on January 30, the Internal Revenue Service has announced that there will be a
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