iStudySmart.com urges adult learners to take full advantage of a change in the tax code that makes the cost of textbooks and course materials eligible for a tax credit. Textbooks and other course material expenses – as well as tuition and fees incurred in 2010 not covered by scholarships or grants – may now be claimed as a tax credit of up to $2,500 on that year's tax return under the American Opportunity Tax Credit.*
Need to order your textbooks? Visit iStudySmart.com’s Online Bookstore. For a list of courses available through iStudySmart.com, visit the courses page.
*Consult your tax professional to see if you qualify for this tax credit.
For more detailed information about the American Opportunity Tax Credit visit www.irs.gov/recovery.