2023 Publication 970 Tax Benefits For Education

The 2023 edition of Publication 970, "Tax Benefits for Education," is still relevant for understanding and claiming education-related tax benefits in 2024, with some exceptions. Here's why:

Reasons to use the 2023 Publication 970:

    • General information: Most of the information about education-related tax benefits, eligibility requirements, and claim processes remains unchanged from 2023 to 2024.
    • Understanding benefits: It provides a comprehensive overview of various benefits including the American Opportunity Tax Credit, Lifetime Learning Credit, and student loan interest deduction.
  • Claiming benefits: Instructions for claiming these benefits on your tax return haven't significantly changed between 2023 and 2024.

For the current year's Publication 970, click here.