IRS.com is not affiliated with any government agencies

Education

Tax Credits

What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…


Every Tax Payment Method You Can Use

 Can I pay my taxes online? That’s a question that we run into all the time. Individuals have many different options for paying their…


What federal income tax form do I file to deduct education expenses?

Certain education expenses can be claimed on your 2010 federal tax forms to lower your tax liability. These expenses are claimed on your 1040 tax…


The Hope Credit: Where It Went And What Replaced It

As anyone that’s ever been to college can attest to, higher education can be prohibitively expensive in the U.S. These costs are not only a…


AOTC: What Is The American Opportunity Tax Credit?

Higher education is a worthy pursuit, but it’s also way too costly for most Americans. The American Opportunity Credit (AOTC) can help many people afford…


Education Tax Credits

It used to be that parents spent a lot of time worrying about how they were going to be able to afford to send their…


Tax Credits

Lower Your Taxes By Claiming Tax Credits On Form 1040 Ask anyone and they will surely tell you they pay too much in taxes. Fortunately,…