Taxes for College Students
How to save on taxes when your college grad moves back home
Qualify for the dependent exemption and deduct $3,800 from your earnings The economy is better than it was, but not ideal, and the job…
Understanding the Coverdell education savings plan
In the race for class president, these days Coverdell ESAs are the runner-up next to the increasingly popular 529 plan. But the race for class…
Tax advantages of a 529 college-savings plan
Make the right investment decision to finance your children's higher education.Considering the rising cost of education, the earlier you start your college savings plan, the…
Should I use the Lifetime Learning Credit or an education deduction?
If you already have a college degree and want to continue your education, then you have a choice when it comes to the form of…
Will I be taxed for employer tuition assistance?
Employer tuition assistance (aka educational assistance) could be taxable. Check whether your employer's program counts as an exception. As the cost of education rises…
The rules on deducting student loan interest
You can claim up to $2,500 in interest paid on qualified student loans used to pay for college or vocational school. NEW YORK (MainStreet)…
Tax-savvy ways to save for your kid’s college expenses
The tax code provides several ways to defer or avoid taxes while saving for your child's education. The tax code provides several ways to…
What Is Federal Withholding
How These Taxes Affect Your Paycheck, Tax Return, and Tax Refund The terms “payroll taxes” and “withholding taxes” essentially refer to the same thing. In…
