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It is the name of a deduction. It covers higher education expenses and allows you to possibly deduct a percentage of your education costs from your income before your tax liability is factored.
You would normally receive a 1098-T from the school you attended which reports the tuition and fees which were paid to the school.
You may click the link below to learn more:
There are basically three different tax breaks for college education:
TurboTax (TT) will automatically pick which one is best for you. There is a way to change it, in TT.
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