Thursday, March 12, 2026

First decide: are you looking for a credit or a deduction?

 First decide: are you looking for a credit or a deduction?


Use this quick logic:

If you paid tuition and related education expenses for college, graduate school, vocational school, or job-skill courses, check the AOTC or LLC.  

If you paid interest on a qualified student loan, check the student loan interest deduction.  

If you are self-employed or fall into certain special categories and your education is work-related, check the business deduction for work-related education.  

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