28Jul
28Jul
Tax Benefits When Saving for College Education
Article Highlights:
Planning for a Child’s Post-Secondary Education Tax-Favored Plans Tax-Free Earnings Coverdell Accounts Qualified Tuition Plans Have Others Contribute Gift Tax Issues Tuition GiftsA common question among parents is, “How might I save for a child’s post-secondary education in a tax beneficial way?” The answer depends on...
28Jul
Planning for a Child’s College Expenses Should Start Early
Article Highlights:
Sec. 529 plans Coverdell Education Savings Accounts The Lifetime Learning credit Qualified Education Loan InterestSome in Congress have proposed “free” (i.e., government-paid) tuition for community college attendance. Even if that proposal were to become law, it still leaves parents and their children (students) responsible for paying...
28Jul
Tax Benefits When Saving for College Education
Article Highlights:
Planning for a Child’s Post-Secondary Education Tax-Favored Plans Tax-Free Earnings Coverdell Accounts Qualified Tuition Plans Have Others Contribute Gift Tax Issues Tuition GiftsA common question among parents is, “How might I save for a child’s post-secondary education in a tax beneficial way?” The answer depends on...
28Jul
Education Credits are for Children? Think Again!
Article Highlights:
Who Qualifies for Education Credits American Opportunity Credit Lifetime Learning Credit Qualifications Who Gets the Credit 1098-T Qualified ExpensesWho Qualifies for Education Credits
If you think that education credits are just for sending your children to college, think again. The credits are available to you,...
28Jul
Tax Benefits When Saving for College Education
Article Highlights:
Planning for a Child’s Post-Secondary Education Tax-Favored Plans Tax-Free Earnings Coverdell Accounts Qualified Tuition Plans Have Others Contribute Gift Tax Issues Tuition GiftsA common question among parents is, “How might I save for a child’s post-secondary education in a tax beneficial way?” The answer depends on...
28Jul
