Blog: Prepare Your Own Taxes! Going back to school Improving your resume by going back to school will put you in a better position when the job market turns in your favor. Meanwhile, you can probably collect some tax breaks to help offset your expenses. The two most valuable breaks are the American Opportunity tax credit
(worth up to $2,500 per year for the first four years in an undergraduate degree program) and the Lifetime Learning tax credit (worth up to $2,000 per year for graduate school and nondegree classes).
(taken from : money.msn.com)
(worth up to $2,500 per year for the first four years in an undergraduate degree program) and the Lifetime Learning tax credit (worth up to $2,000 per year for graduate school and nondegree classes).
(taken from : money.msn.com)