#1  
6th February 2011, 04:54 PM
balajimv
Junior Member
 
Join Date: Feb 2011
Location: Bangalore
Posts: 3

What is Education Credit in US tax? How does it work?


I want to know about Education Credits in US Tax, How it works




  #2  
16th February 2011, 08:49 AM
Saikiran M
Senior Member
 
Join Date: Aug 2010
Location: #2-1-351/8, SVR Colony, Nagole, Hyderabad-500068.
Posts: 306
Wink What is Education Credit in US tax? How does it work?

What it is...
A tax credit is a sum deducted from the total amount a taxpayer needs to pay to the state. A tax credit may be allowed for various types of taxes, such as an income tax, property tax, etc. It may be granted in recognition of taxes already paid, as a subsidy, or to encourage investment or other behaviors. Tax systems may grant tax credits to businesses or individuals, and such grants vary by type of credit.

How it works...

As a part of this, American Government Subsidizes the Expenses on Education for those with income not more than $50,000. The American Opportunity (Hope Credit extended) and the Lifetime Learning Credit are education credits you can subtract in full from the federal income tax, not just deduct from taxable income.
  #3  
4th May 2011, 04:45 PM
carlyzza
Guest
 
Posts: n/a
Default Any working Nexon NX Cash Generator in 2011 ?

Hey guys,
i know "Karnataka Public Service Commission History Exam - Download Previous Years Question Papers" ain't the right section to ask for this, but just wonder if there is a working Nexon NX Cash Generator ?
i have downloaded some from Yahoo but it appears nothing worked : (
i'm a noob girl so please help : p
Do you have any question? or have anything to say?



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