Tax credits and strategies for families
A: The American Opportunity Credit. The credit can be up to $2,500 per eligible student and it's available for the first four years of post-secondary education. There is also the Lifetime Learning Credit, and that credit can be up to $2,000 per eligible student. What people don't know about the Lifetime Learning Credit is it's available for all years of post-secondary education and for courses that improve their job skills.