Education Tax Credit - Claim It - Students - January 2010 - YouTube video text script
HERE’S A TIP FROM THE I-R-S.
HI... I'M KIMBERLY... AND I'M AN INTERN AT THE INTERNAL REVENUE SERVICE.
DID YOU PAY FOR COLLEGE OR TRADE SCHOOL LAST YEAR?
IF SO… YOU MAY BE ELIGIBLE FOR THE AMERICAN OPPORTUNITY TAX CREDIT.
IT COULD MEAN UP TO 25-HUNDRED DOLLARS IN YOUR POCKET.
THAT’S PER STUDENT… DURING YOUR FIRST FOUR YEARS OF POST-SECONDARY EDUCATION.
ELIGIBLE EXPENSES INCLUDE…. TUITION… FEES… MOST BOOKS AND SUPPLIES.
EVEN IF YOU DON’T MAKE ENOUGH MONEY TO FILE A TAX RETURN… YOU SHOULD FILE ONE ANY WAY.
BECAUSE YOU COULD STILL GET UP TO A THOUSAND DOLLARS FROM THIS CREDIT.
SO… DON’T FORGET TO CLAIM THIS CREDIT ON YOUR TAX RETURN.
AND IF YOU ARE IN SCHOOL THIS YEAR… SAVE YOUR RECEIPTS SO YOU CAN CLAIM THE CREDIT NEXT YEAR
LEARN MORE ON I-R-S-DOT-GOV-SLASH-RECOVERY.
