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Education

Is My Student Loan Tax Deductible?

May 27, 2020 / asbbaines

Student loans have become a tremendous burden. Even though you can’t escape the payments, are there any tax breaks for student loans? Luckily, taxpayers who make student loan payments on a qualified student loan may get a little relief.

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Education

7 Unexpected College Expenses to Factor Into Your Budget

September 6, 2019 September 25, 2019 / TurboTaxBlogTeam

So, you’re getting ready to head to college for the very first time. First of all, congratulations! Graduating high school and taking the step to go to college is a huge accomplishment, and you should be very proud of yourself....

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Education

Intuit TurboTax Preps You For Post-Grad Life With These 5 Financial Tips

April 29, 2019 July 23, 2019 / TurboTaxBlogTeam

Congratulations, Class of 2019 — you did it! While graduation is a major milestone that should be celebrated, it is also a time to prepare, both mentally and financially, for your shift into the “real world.” As you transition into...

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Education

Spent Too Much Getting Your Dorm Ready? 4 Savings to Help College Students (or Parents)

September 18, 2018 July 24, 2019 / Jim Wang

With a new college school year underway, it’s comforting to know that you could get some help from Uncle Sam in dealing with the blizzard of college-related expenses that are hitting. The IRS provides a number of education tax credits...

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Education

4 Little Known Tips to Help You Pay School Tuition

August 9, 2018 July 18, 2019 / Jim Wang

According to the College Board’s 2017 – 2018 Trends in College Pricing report, the average full-time student at a four-year nonprofit, private university will pay $34,740 a year in tuition and fees. Add in room and board and the price...

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Education

Who Should Take Education Tax Breaks: Parents or Students?

March 30, 2018 March 5, 2020 / Jim Wang

When it comes to education tax breaks, it’s important to carefully consider your options, and decide who is going to take what tax break. Parents have to communicate with their kids since the education tax breaks are only allowed to be claimed on either one of your tax returns and not both.

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Education

Back to School Series: Money Lessons for College Freshmen

August 17, 2017 July 18, 2019 / Elle Martinez

The new year is here for college students! If you’re a freshman, getting adjusted to your new life may feel overwhelming. But with new beginnings come new opportunities, like getting smart about your finances now to build up your wealth in the...

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Education

Back-to-School: Education Tax Benefits to Offset Education Costs

August 10, 2017 July 18, 2019 / Jim Wang

College is expensive. If you are looking for a way to offset some of your education costs, the government offers some tax credits and deductions designed to help students and their parents.

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Education

How Do Online Classes Affect My Taxes?

June 1, 2017 June 5, 2019 / TurboTaxLisa

Now that you’re in summer-time bliss on break from college you may be dreaming of sleeping in late for a few months until fall, but summer may be a great opportunity to get ahead and take a course or two....

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Education

5 Tips to Save for College Tuition

April 4, 2017 June 5, 2019 / Jim Wang

College can be expensive: according to the College Board, a private four-year college costs an average of $32,410 a year. Four years comes out to nearly $130,000! While it’s hard to argue against the value of a college education, no...

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