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Allison has returned to school after five years out of the work force. She is taking one course at the local university for a cost
Allison has returned to school after five years out of the work force. She is taking one course at the local university for a cost of $1,640. To minimize her taxes, should she take a tuition and fees deduction or an education credit? (Assume a 15 percent tax rate.) (Assume the education credit will equal the entire cost of the course.) Tuition and fees deduction Education credit Allison has returned to school after five years out of the work force. She is taking one course at the local university for a cost of $1,640. To minimize her taxes, should she take a tuition and fees deduction or an education credit? (Assume a 15 percent tax rate.) (Assume the education credit will equal the entire cost of the course.) Tuition and fees deduction Education credit
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