Education Benefits & Tax Credits - Self Study
This course will review the details associated with the American Opportunity and Lifetime Learning Education Tax Credits. A discussion of tax free benefits such as Scholarships and Fellowships is also covered and the impact these benefits have on the calculation of Education Credits.

Course Publication Date: April 15, 2019

This course is available with NO ADDITIONAL FEE if you have an active self study membership or all access membership or webinar membership or can be purchased for $20.00!

Author:Frank Castillo CPA
Course No:TAX-EDUCATE-10049
Recommended CPE:2.00
Delivery Method:QAS Self Study
Level of Knowledge:Basic
Advanced Preparation:None
Recommended Field of Study:Taxes
Webinars - On Demand
Learning Objectives
  • Identify elements which impact the “tax free” status of Scholarships and Fellowships.
  • Determine eligibility requirements in calculating the American Opportunity Tax Credit.
  • Identify Qualified Education Expenses in the context of calculating the AOTC.
  • Identify steps required to calculate tax recapture when Qualified Education Expenses are refunded.
  • Identify the differences between the American Opportunity Tax Credit and the Lifetime Learning Credit.
  • Identify Qualified Education Expenses in the context of calculating the Lifetime Learning Credit.

CPE Depot Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Sponsor Number: 109423


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