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Education credits

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Updated: 1/10/2008 11:29 am
Education credits are determined by the amount of your modified adjusted gross income and the amount you pay for qualified tuition and related student expenses for you, your spouse, or a dependent you claim on your tax return. Additionally, the amounts for the Hope or lifetime learning credit income limits have increased. See IRS Publication 970 for details. These tips are provided to give you general information about your taxes. If you have specific questions, please consult a tax advisor or call the toll free number for Federal Tax Information and Assistance at 1-800-829-1040.
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