I returned to college part time this past fall after my skill set became outdated. I got this tax form from school about the Life Long Learning Credit - has anyone claimed that? How much is it worth? Any details I should know? Thanks for any info you might have!
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Comments: 8
* For 2008, students in a Midwestern disaster are eligible for up to $4,000 - other students are eligible for up to $2,000
* The definition of qualified education expenses is expanded for Students in Midwestern disaster areas to include books, supplies, room and board, and additional expenses for special need students.
http://www.nasfaa.org/redesign/taxbenefitsguide.html