Course Materials Now Qualify for Tax Credit

Attention Students and Parents!

SAVE YOUR COURSE MATERIAL RECEIPTS
YOU MAY BE ELIGIBLE FOR A TAX CREDIT UP TO $2,500!!

The American Opportunity Tax Credit (AOTC) is a partially refundable tax credit of up to $2,500 each year for out-of-pocket higher education expenses including course materials, tuition, and fees for the first four years of college. First enacted as part of the American Recovery and Reinvestment Act of 2009 (ARRA), the credit was extended through tax year 2017 by the American Taxpayer Relief Act of 2012 (ATRA). The credit is applied for by using IRS form 8863.

You must keep a record of your expenses to be eligible!!

In the News

BBB: Helpful Tips for Students Buying College Text Books
(Tyler Morning Telegraph, August 9, 2014)
AACC and ACCT Endorse H.R. 3393, the Student and Family Tax Simplification Act
(Association of Community College Trustees, July 21, 2014)
Harnessing the Tax Code to Promote College Affordability
(Center for American Progress, May 28, 2014)
5 Sweet Tax Breaks for Students
(The Motley Fool, April 12, 2014)
How to Claim a $2,500 College Tax Credit
(CBS Money Watch, March 18, 2014)
American Opportunity Tax Credit
(Mainely Tax Info, April 1, 2014)
Tax Breaks for Students
(Inside Higher Ed, March, 2, 2014)

	Find out what the American Opportunity Tax Credit is, what course materials are eligible, and what documentation is needed to apply.

	Explore a set of resources compiled to help you get maximum benefits from the American Opportunity Tax Credit.

Course Materials Now Qualify for Tax Credit

Attention Students and Parents!

SAVE YOUR COURSE MATERIAL RECEIPTS YOU MAY BE ELIGIBLE FOR A TAX CREDIT UP TO $2,500!!

SAVE YOUR COURSE MATERIAL RECEIPTS
YOU MAY BE ELIGIBLE FOR A TAX CREDIT UP TO $2,500!!