Learn how the American Opportunity Tax Credit (AOTC) can help pay up to $2,500 for tuition and other qualifying expenses per student each year on your tax return during the first four years of higher education.| www.irs.gov
This list of qualified 529 expenses will help you understand if your 529 funds can be used on books, tuition, room and board, travel, etc.| SavvyFi
While there are good reasons not to rely on the tax code to promote social goals, its imbalanced treatment of spending and saving actually discourages savings and thereby poses a barrier to social capital investment. Universal savings accounts would help rectify this bias.| www.jec.senate.gov