Education Tax Credits & Education Tax Benefits

American Opportunity Tax Credit, Lifetime Learning Tax Credit, Student Loan Interest Deduction, (ESA), (QTP)

4.50 (26 reviews)
Udemy
platform
English
language
Other Teaching & Academi
category
Education Tax Credits & Education Tax Benefits
12,547
students
11.5 hours
content
May 2023
last update
$69.99
regular price

What you will learn

List Education Tax Credits and Education Tax Benefits

Describe the American Opportunity Tax Credit

Explain the Amount of Tax Benefit for the American Opportunity Tax Credit

Complete Tax Documentation Related to the American Opportunity Tax Credit

Describe the Lifetime Learning Tax Credit

Explain the Amount of Tax Benefit for the Lifetime Learning Tax Credit

Complete Tax Documentation Related to the Lifetime Learning Tax Credit

Describe Tax Benefits For Student Loan Interest Deduction

Complete Tax Documentation Related to the Student Loan Interest Deduction

Describe Tax Benefits For Coverdell Education Savings Account (ESA)

Complete Tax Documentation Related to the Coverdell Education Savings Account (ESA)

Describe Tax Benefits For Qualified Tuition Program (QTP)

Complete Tax Documentation Related to the Qualified Tuition Program (QTP)

Why take this course?

This education tax credits & education tax benefits course will discuss tax benefits related to education, focusing on education tax credits including the American Opportunity Tax Credit and the Lifetime Learning tax credit.

The course will describe the benefits of the American Opportunity Tax Credit, giving practical examples using actual tax forms. As we learn the concepts of the American Opportunity tax credit, we will run examples and scenarios using tax software and tax forms to get a feel of how the credit reacts to different tax circumstances.

We will describe the benefits of the Lifetime Learning Tax Credit, giving practical examples using actual tax forms. As we learn the concepts of the Lifetime Learning tax credit, we will run examples and scenarios using tax software and tax forms to get a feel of how the credit reacts to different tax circumstances.

The course will discuss how the American Opportunity tax credit and Lifetime Learning tax credit interact with each other and how to maximize tax benefits.

We will discuss the deduction for student loan interest, describing circumstances where student loan interest is deductible, and giving practical examples using tax forms.

The course will discuss the tax benefits of a Coverdell Education Savings Accounts (ESA). We will consider how a Coverdell Education Savings Accounting (ESA) is set up, the tax benefits, and tax consequences of distributions. The course will also discuss how the Coverdell Education Saving Account (ESA) works or coordinates with education credits like the American Opportunity tax credit and Lifetime Learning tax credit.

We will discuss the tax benefits of a Qualified Tuition Program (QTP). We will discuss how a Qualified Tuition Program (QTP) is set up, the tax benefits, and tax consequences of distributions. The course will also explain how the Qualified Tuition Program (QTP) works or coordinates with education credits like the American Opportunity credit and Lifetime Learning credit.

Screenshots

Education Tax Credits & Education Tax Benefits - Screenshot_01Education Tax Credits & Education Tax Benefits - Screenshot_02Education Tax Credits & Education Tax Benefits - Screenshot_03Education Tax Credits & Education Tax Benefits - Screenshot_04

Charts

Price

Education Tax Credits & Education Tax Benefits - Price chart

Rating

Education Tax Credits & Education Tax Benefits - Ratings chart

Enrollment distribution

Education Tax Credits & Education Tax Benefits - Distribution chart

Related Topics

2258556
udemy ID
3/7/2019
course created date
11/21/2019
course indexed date
Bot
course submited by