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The Prudent Scholar explores the topic of money and higher education. We look at at big picture and small: both the latest news and the nitty-gritty details of college life that might help you save money and get more value from your educational experience.

March 17, 2011

Tax Credit for Textbooks

Photo by wohnai
  According to the National Association of College Stores, the American Opportunity Tac Credit there's a short-term tax credit for text books and other educational materials.  Thank the American Recovery and Reinvestment Act of 2009, etc, the tax credit of up to $2,500 a year covers course materials, tuition and fees for 2009-2012.

See the FAQs and talk to your accountant.

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