The American Opportunity Tax Credit, which offsets higher education expenses, is set to expire after 2016. It may be beneficial to pay 2017 tuition in 2016 to take full advantage of this tax credit, up to $2,500, before it expires.
The American Opportunity Tax Credit, which offsets higher education expenses, is set to expire after 2016. It may be beneficial to pay 2017 tuition in 2016 to take full advantage of this tax credit, up to $2,500, before it expires.