A number of college tax breaks are available, the most lucrative of which is the American Opportunity Tax Credit (AOTC). Does your family qualify, and which types of college expenses are covered by the AOTC? Find out in the latest installment of our video series, We Can Explain. In this video, we answer the question, “Can you get a tax break for paying for college?” and provide tips on how best approach this delicate situation.

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Determine the Best Way to Pay for College

Written by Emily Toffelmire
Emily Toffelmire is a member of College Coach’s team of college admissions consultants. Prior to joining College Coach, Emily worked as an admissions officer at University of Southern California as well as a college counselor at high schools in the US and Thailand. Visit our website to learn more about Emily Toffelmire.