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 Part I Claiming Credit or Payment 2019

Alaska Liquefied PDF 2019-2025 Form

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JJ the CPA here hope you're doing well so College tax credits these are quite exciting as they can add up I'm going to walk through what a credit is the two that you can get how much they are how it's calculated what's included what's not what forms you need as well as how to know if you actually realize the credit on your tax return so you might want to take a few notes I am giving you links in the body of this video to what the IRS has provided with some great q a the directions the instructions information as well as an interactive app in which you can go through and determine if you qualify and how much so with the American Opportunity credit that is up to twenty five hundred dollars that is calculated with the first two thousand dollars of qualified educational expenses you get a hundred percent credit and then for the next two thousand that's spent you get 25 percent of that as a credit add that together if you did spend at least fo

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