There are state programs that help pay for education expenses. These benefits can reduce parents’ taxes and increase their refund, but only if they keep their receipts. Click HERE for Saving Receipt information.
Generally most expenses paid for educational instruction or materials qualify, including paper, pens and notebooks; textbooks; rental or purchases of educational equipment such as musical instruments; computer hardware and educational software; after-school tutoring and educational summer camps taught by a qualified instructor. Click HERE for a list of qualifying expenses.
Click HERE for more information about the K-12 Education Subtraction and Credit.