Can tuition deductions affect your AGI?

MizzBee
Tue, 01 Jan 2013 21:49:00 +0000

In a few cases the tuition and fees deduction will get you more money, but you should run it both ways. The tuition and fees deduction reduces AGI while the credit reduces your tax burden and has both a refundable and nonrefundable component.

If you are using software, such as H&R Block tax at home, or Turbo Tax you there are calculators that tell you the best option.