September 30, 2014

Picking up from where we left off in Helpful Info about Back-to-School Tax Credits for College Students (Pt. 1), below we will resume our discussion of education tax credits and how they can help people who are attending college or a university this year.

While the first part of this blog series was focused on pointing out some of the specific education tax credits available for the 2014 tax year, here, we will explain some additional important information that people should know when it comes to using these tax credits.

Additional Important Info about Education Tax Credits

  • When you are ready to learn more about what education tax credits – or other tax credits – you may be eligible for, contact Goldman Law, LLC.

    When you are ready to learn more about what education tax credits – or other tax credits – you may be eligible for, contact Goldman Law, LLC.

    Qualifying students – While the back-to-school tax credits already explained in the first installment of this blog typically apply to students of colleges and universities, students who attend certain vocational schools or other postsecondary education institutions may also be eligible for these education tax credits.

  • Qualified expenses for tax credits – When assessing education tax credits, expenses related to the costs of higher education for eligible students can be used. Specifically, these qualified expenses can include the costs of tuition, room and board, books, etc.
  • Alien students – Students in the U.S. on F-1 student visas may be eligible to take advantage of some education tax credits if they choose to be treated as resident aliens when it comes to filing federal taxes in the U.S.
  • Income limits – There are various income limitations for claiming education tax credits, so it’s best to consult with an experienced tax attorney to determine whether you are, in fact, eligible for certain tax credits.

Denver Tax Law Attorney at Goldman Law, LLC: Experience You Can Count On

Taking advantage of the various education tax credits that apply to you can end up saving you a bunch of money that you can use to invest in your education and future. If you are ready to get some more specific info and professional advice about some of the tax credits you may be eligible for, let’s talk. A Denver tax lawyer at Goldman Law, LLC is ready to help you maximize your utilization of various tax credits so you can keep as much of your money as possible.

If you are dealing with other tax issues, you can also trust one of our esteemed and experienced attorneys to stand up for your rights and help you resolve your tax issues as favorably as possible.

At Goldman Law, LLC, we have the experience, resources and dedication necessary to help you resolve your tax issues as beneficially and efficiently as possible.

Contact Us to Learn More about Tax Credits That Can Help You!

Let’s talk about some of the various tax credits that you may be able to take advantage of when filing your 2014 income taxes. To receive a professional case evaluation, contact us by calling (303) 656-9529 or by emailing us using the contact form on this page. From our offices in Denver, we serve clients throughout Colorado.

Categories: Blog, Tax Credits