Tax Credit Overview
The 1098T Tax Forms for 2007 and after are available by accessing your eAccount.
(Tax Year 2006 and prior)
(published by the National Association of College and University Business Officers)
- The Hope Credit provides a credit of up to $1,800 for a student who is enrolled at least half time in one of the first two years of postsecondary education. This credit can be claimed for only two taxable years.
- The Lifetime Learning Credit provides a credit of up to $2,000 per year for a student taking courses, including graduate-level degree work. This credit can be claimed for as long as the student is enrolled in an eligible educational institution.
There are certain limitations specific to each of these credits. If you believe you might qualify, you should obtain and review all the criteria carefully. To obtain copies visit the or call 1-800-TAX-FORM, or consult your tax advisor.
Frequently Asked Questions
