Tax Tip #15: Education Incentives are Extended

 In Blog, Educational Issues, Tax Tips

The American Taxpayer Relief Act of 2013 extended several education tax breaks.  The American Opportunity Tax Credit is extended through 2017.  The law provides an above-the-line deduction in both 2012 and 2013 for qualified tuition and related expenses.  The law also makes permanent the Coverdell Education $2,000 contribution limit.

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