To offset the high costs of continuing education, the federal tax code offers eligible taxpayers several tax benefits, including credits and deductions. The IRS has issued a handy Tax Tip that summarizes a variety of education-related tax relief, beginning with two tax credits: the American Opportunity Tax Credit and the Lifetime Learning Credit. The Tax Tip also delves into education-related tax deductions, including ones for student loan interest and qualified work-related education expenses. Read IRS Tax Tip 2026-21: https://bit.ly/4s9jF1e. Contact us for additional details about the education-related tax breaks you might qualify for.
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