Textbook Tax Credit Available for Students
Course materials now qualify for tax credit, so be sure to save your receipts as you may be eligible. "Textbook Tax Credit" is part of the American Recovery and Reinvestment Act's (ARRA) American Opportunity Tax Credit. The credit modifies the Hope Tax credit for tax years 2009 and 2010. The new credit has been increased by $700 and eligible costs now include course materials (books, supplies, and equipment). The maximum annual tax credit is now $2,500.
For more information, visit textbookaid.org