The ABCs of federal tax breaks for college education expenses

Source: L. A. Times Posted By: Handson 5536 days ago

You can save as much as $2,500 per student, but how much you claim depends on your income, the student's educational status and how and when you paid the bill.

If you're paying for a college education, you may need an advanced degree to figure out how to claim federal tax breaks for those expenses.

Congress in recent years has approved myriad special credits, deductions and other tax breaks for people paying tuition bills and related costs, and new breaks and twists were added in the recent....

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