Here at MB Tax we will make sure to find every incentive and advantage that students can receive to minimize their tax liability. Taxes are something we’d like to take off of your list of things to worry about, juggling school and work is tough as it is. We have the answers and the knowledge to help students maximize their refunds and keep tax season stress free. As a student or recent graduate you may be able to take advantage of some of the following:
- Student savings bonds
- Qualified tuition programs
- Educational assistance plans
- Scholarship or Fellowship Grants
- Qualified Tuition Reduction Program
- Coverdell Education Savings Account (CESA)
- Premature distributions from IRAs
- Interest on student loans
- Job-related education expenses
- American Opportunity Credit
- Lifetime Learning Credit