Publication 970

A form published by the IRS explaining tax deductions, tax credits and other preferential tax treatment available for persons who pursue higher education.

References in periodicals archive ?

62(a)(2)(D)(i) was also newly added to cover expenses paid or incurred by reason of the taxpayer's participation in professional development courses that relate to "the curriculum in which the educator provides instruction or to the students for which the educator provides instruction." Expenses incurred to meet the minimum requirements of the educator's present job or to qualify for a new profession may not be deductible (see IRS Publication 970, Tax Benefits for Education).

Schoolteachers' deduction no longer tardy

To determine which credit or deduction is most beneficial to you, refer to IRS Publication 970 for a complete list.

10 tax time tips and reminders

Please consult IRS Publication 970, Tax Benefits for Education, or your personal tax adviser to learn which education-related tax benefits you are eligible to receive for 2012.

Sallie Mae Outlines Four Tax Breaks for College Expenses

If the employee stops work for a year or less and then returns to the same kind of work, the absence is temporary (IRS Publication 970, Tax Benefits for Education, p.

Providing Sec. 132 fringe benefits to S corporation employees

Publication 970 contains a worksheet (2-1) for calculating MAGI.

Tax preferences for education are simpler but not simple: maximizing the available credits and deductions

The dispute rested on several passages in IRS Publication 970, which states that educational expenses are tax deductible if they are to maintain or improve skills in your work.

A profile in courage: what you can learn from one woman's legal victory over the IRS

For more information, go to www.irs.gov or pick up IRS publication 970, which describes this and other tax benefits for education.

Extra tax credits for education, energy available

These are described in detail in IRS Publication 970.

Chapter 55: educational assistance plan

For more information about these tax benefits, visit http://www.irs.gov or call 1-800-829-1040 for a copy of the Internal Revenue Service's Publication 970: Tax Benefits for Education.

Are my college expenses tax deductible

The best overview is IRS Publication 970, "Tax Benefits for Education." You can download a copy at http://www.irs.gov/pub/irspdf/p970.pdf.

Financing private school: as a parent, you want nothing more than to provide your children with the best possible education. Still, a private school education can be difficult to work into an already strained family budget

530, Education Individual Retirement Accounts; Publication 970, Tax Benefits for Higher Education, Chapter 4--Education Individual Retirement Arrangements (Education IRAs).

Tax incentives for a child's education

The IRS's guidelines for the deductibility of work-related education are outlined in IRS Publication 970 (pp.