Finding tax credits, deductions to ease sting of college costs
Here are some websites that can help you find financial breaks for paying for college.
McClatchy-Tribune News Service
As college fees continue to rise, many families can use all of the financial breaks they can get.
And one good source of assistance is education tax credits and deductions found in the federal tax code.
A variety of websites offer information about education deductions and credits. Here are a few where you can learn more:
Efile.com: Provides a wide range of information about various education tax credits and deductions. efile.com/student-tax
The College Board: Spotlights the tax credits associated with college tuition. collegeboard.com/student/pay/ways-to-pay/446.html
Federal Tax Credits: Covers rules associated with education credits. federaltaxcredits.org/Education_Credit_Rules.html
FinAid: Discusses the education tuition and fees deductions. finaid.org/otheraid/torricellideduction.phtml
Internal Revenue Service: Serves up extensive details on federal tax education credits. irs.gov/pub/irs-pdf/p970.pdf