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It’s that time of year and there are a lot of income tax changes. My goal is for you to optimize your 2008 Tuition and Fees Deduction allows the taxpayer to deduct qualified tuition and required enrollment fees If you have a comment or any questions regarding your taxes, call Jennifer Kazwell. She can be reached at (941) 625-0015. Quote this article on your siteTo create link towards this article on your website, copy and paste the text below in your page. Preview :
Tax Deductions You Need To Know This Year It’s that time of year and there are a lot of income tax changes. My goal is for you to optimize your 2008 tax benefits. To this end I will be... © 2010 - Kazwell.com Powered by QuoteThis © 2008 Related Articles
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tax benefits. To this end I will be exploring these changes over the next few weeks in depth on Kazwell.com. Here is a summary of a few of the items you need to know and we will be looking at in detail in articles to come:
up to $4,000 that you pay for yourself, your spouse or a dependent. You do not have to itemize to take this deduction. However, a taxpayer cannot take both the tuition and fees deduction and education credits (Hope & Lifetime Learning Credits) for the same student in the same year. Income limits and other special rules apply to each of these provisions.