{"id":1966,"date":"2014-09-10T15:11:38","date_gmt":"2014-09-10T20:11:38","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=1966"},"modified":"2014-09-10T15:11:38","modified_gmt":"2014-09-10T20:11:38","slug":"going-back-to-school-save-those-taxes","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=1966","title":{"rendered":"Going back to school? Save those taxes"},"content":{"rendered":"<p><a href=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2014\/09\/back-to-school.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-thumbnail wp-image-1967\" src=\"http:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2014\/09\/back-to-school-150x150.jpg\" alt=\"back to school\" width=\"150\" height=\"150\" \/><\/a><br \/>\nIf you, your spouse or your dependent are heading off to college, here are some quick tips that could safe you some money come tax time:<\/p>\n<p>1. American Opportunity Tax Credit- this credit can be taken up to $2,500 each year for an eligible student and can be taken for the first four years of college.<\/p>\n<p>2. Lifetime Learning Credit- this credit allows you to take up to $2,000 off of your taxes and there is no limit on the number of years of college education needed.<\/p>\n<p>3. One credit per student- you can claim only one type of education credit per student each year.<\/p>\n<p>4. Qualified expenses- you can only get a credit for qualified expenses, including but not limited to tuition and fees.<\/p>\n<p>5. Form 1098-T- in most cases, if you are eligible for a credit, you should receive this form from your school.<\/p>\n<p>6. Income limits- these education credits are subject to income limitations and could be reduced or eliminated because of your income.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you, your spouse or your dependent are heading off to college, here are some quick tips that could safe you some money come tax time: 1. American Opportunity Tax Credit- this credit can be taken up to $2,500 each &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=1966\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[550,321,296,551,229,146,16,348,159,139],"class_list":["post-1966","post","type-post","status-publish","format-standard","hentry","category-general","tag-american-opportunity-tax-credit","tag-back-to-school","tag-camron-hoorfar","tag-form-1098-t","tag-hoorfar-law","tag-internal-revenue-service","tag-irs","tag-law-office-of-camron-hoorfar","tag-lifetime-learning-credit","tag-tax-tips"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1966"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1966\/revisions"}],"predecessor-version":[{"id":1968,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1966\/revisions\/1968"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}