The Tuition and Fees Deduction was phased out, but two main credits are currently available: the American Opportunity Credit ...

Lifetime learning credit How can I claim an education tax credit? Other ways to offset college education costs What are education tax credits and how do they work? You’re likely familiar with ...

allows you to earn up to $2,500 in tax credits when claiming your college tuition and related expenses. Your first $2,000 for qualified education expenses qualify for the credit, then 25% of the ...