Tax breaks for 2017 tax return revived
In early February, Congress passed a federal budget bill that revived several expired tax breaks for the 2017 tax year.
In early February, Congress passed a federal budget bill that revived several expired tax breaks for the 2017 tax year.
Congress decided not to extend this $4,000 deduction for 2017, leaving many parents worried that college will now be more expensive. However, Congress left in place two popular education credits that may offer a more valuable tax break: