American Opportunity Tax Credit for College Students
All college students may be able to claim tax refunds or tax credits for the
course materials you buy.
Thanks to the “American Opportunity Tax Credit,” textbooks and other cours
e materials expenses – along with tuition and fees incurred in
2009 and 2010 (that are not covered by scholarships or grants) – may be cla
imed as a tax credit on each of those year's tax return. Students must keep
their course materials receipts and transcripts to be
