Lifetime Learning Credit
There are two tax credits available to help you offset the costs of higher education by reducing the amount of your income tax. They are the Hope credit and the
lifetime learning credit, also referred to as education credits.
There are two tax credits available to help you offset the costs of higher education by reducing the amount of your income tax. They are the Hope credit and the
lifetime learning credit, also referred to as education credits.
| What’s New Income limits increased. The amount of your lifetime learning credit for 2004 is gradually reduced (phased out) if your modified adjusted gross income |
| Accounting Solutions (Provided by P & D Industrial Services, Inc.) Income Tax and Bookkeeping Specialists for Individual's and Business Owner's |