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Education
Educational expenses are not a deduction, at all (not itemized, not an adjustment to income). Instead, your (or your dependent's) educational expenses qualify you for a tax credit, a deduction from your calculated tax (not a deduction from your income before your tax is calculated).
Your $8000 of net qualified expenses will get you the maximum AOC or 80% of the maximum LLC.
May 27, 2025
4:39 AM
4,951 Views