US News & World Report | December, 2019

The American Opportunity Tax Credit: What to Know and How to Use It

Families paying the steep costs of higher education may be looking for any break they can get. Enter the American opportunity tax credit. This tax credit, which is designated for taxpayers who pay qualified tuition and related expenses, can reduce taxable income and even create a tax refund.

If you're eligible to claim this credit, it's absolutely worth taking advantage of. Read more on about what to know about the American opportunity tax credit.