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CBSMoneyWatch: 2013 Tax Rules—These Can Save You Money

Education Tax Credits

The American Opportunity Education Tax Credit, which is a $2,500 tax credit for tuition costs for four years of post high school education, can be claimed in 2013 through 2017. Also, the Higher Education Tuition Deduction, which allows people to deduct between $2,000 and $4,000 of qualified tuition costs is retroactively restored for 2012 and is extended through 2013.


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