Tax Insider: College Tax Breaks
If you or someone in your household is taking college courses, you know how expensive higher education can be. Tax time is the perfect opportunity to help ease the burden. Even though the April 2011 tax deadline is just seven months away, you can start preparing now. (Or if you were granted an extension and have yet to file, take note.)With college tuition on the rise, you can ease the pressure on your wallet by tracking college expenses that might be eligible for a tax break. Here are a few deductions and credits that might help you put some cash back in your pocket.
