Government Tax Deed Sales: Difference between revisions
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Revision as of 21:48, 8 October 2026
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How about using some relevant tax credits? Since two of your students are in college, let's feel that one costs you $15 thousand in tuition. Luckily tax credit called the Lifetime Learning Tax Credit -- worth up to 2 thousand dollars in this case. Also, your other child may qualify for something the Hope Tax Credit of $1,500. Talk tax professional for probably the most current useful information on these two tax attributes. But assuming you qualify, that will reduce your bottom line tax liability by $3500.
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