TITLE

Education-Related Inflation Adjustments

PUB. DATE
January 2009
SOURCE
Federal Tax Course Letter;Jan2009, Vol. 23 Issue 1, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the tax adjustments for education-related inflation in the U.S. The author states that taxpayers redeeming Series EE U.S. Savings Bonds can exclude interest from income by using bond proceeds to pay qualified higher education expenses. Meanwhile, to help qualifying individuals defray the cost of higher education, the Hope Scholarship Credit and the lifetime learning credit is being offered.
ACCESSION #
36906561

 

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