american opportunity credit

How to Calculate Tax Credits

How to calculate tax credits vs. deductionsTaxpayers often use the terms "deduction" and "credit" as though they're the same thing. They are not. They're actually very different terms, and...

Five Common Tax Credits Explained

These five common tax credits can lead to a big refund this yearTax credits are popular ways to reduce your overall tax burden. Credits are dollar for dollar reductions in the amount of tax due, so it's a pretty...