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The American Opportunity credit modifies the existing Hope credit for tax year 2009 and 2010. Maximum credit is $2,500, available for the first four years of education. Course materials, including books and computers, needed for enrollment or attendance are qualified expenses. Up to 40% of the credit is now refundable up to $1,000 even if you owe no taxes.
Read the Featured articles, Tax tips, QuickBook tips, and Financial Planning Tips in the current issue of our Newsletter. Also read our Winter 2009 Tax Tips Newsletters. Take a look at the weather forecast as well as the latest news on our NEWS & WEATHER page.
Please click on the pictures below to explore the many helpful financial tips, articles, and links throughout our site.
