At the end of this lesson, the student will be able to do the following:
- Understand how an adjustment to income can decrease the taxpayer’s AGI.
- Explain the differences between tuition and fees deduction and education credits.
- Define who qualifies for a student loan deduction.
Field of Study: Federal Tax Law 1 Hour
Course Level: Intermediate
Prerequisite: General tax preparation knowledge is required.
Delivery Method: Self-Study
IRS: 15G0B-T-00451-20-S
CTEC: 2080-CE-0085