Education Tax Incentives
- American Opportunity Tax Credit (AOC)
- The Lifetime Learning Credit
- Deduction for Student Loan Interest
Deduction for Student Loan Interest
Qualified education loans can be used for expenses including tuition, fees, and room and board, but must be reduced by any tax-free educational benefit.
IMPORTANT NOTE: If you can be claimed as a dependent on another person's tax return, you may not claim the interest deduction for that year.
Share Article:
| Securities and Insurance Products: | ||
| Not Insured by FDIC or any Federal Government Agency | May Lose Value | Not a Deposit or Guaranteed by the Bank or any Bank Affiliate |
| Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Infinex and the bank are not affiliated. Community Wealth Advisors is a trade name of the bank. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed by insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value. | ||
 |
||