American Opportunity Tax Credit (AOTC) The American Opportunity Tax Credit allows you to earn up to $2,500 in tax credits when claiming your college tuition and related expenses.

College tuition is not currently tax deductible under federal law, but you may still qualify for credits that reduce your tax bill. In the past, you could deduct college expenses using the Tuition ...

Turning experience into college credits . Oct. 25, 2024 at 7:00 am Updated Oct. 25, 2024 at 7:00 am . By . Amy Swanson King. Special to Education Guide. This article is part of the Education ...