In this episode, we're exploring tax deductions for college students, updated for the 2021 & 2022 tax years! What type of education expenses are tax deductible? What is the American Opportunity Tax Credit? What is the Lifetime Learning Credit? What about the student loan interest deduction and tuition & fees deduction? If you're a college student, recent grad, college dropout or the parent of one, this one is for YOU!

▶ RESOURCES MENTIONED

- IRS Publication 970: https://www.irs.gov/pub/irs-pdf/p970.pdf

- Are you eligible to claim an education credit? Find out here: https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit

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▶ DISCLAIMERS

- The opinions expressed here are my own and not my employer’s. My employer has not reviewed or approved any of the content posted herein.

- Any information contained in this video SHOULD NOT be considered or relied upon as financial advice, and we disclaim any liability in connection with the use of this information. Everyone’s financial situation is different, and you should consult a financial professional for targeted advice.

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