Pell Grant Income Limits

lkj2643
Thu, 04 Feb 2016 21:10:02 +0000

I’m working on the FAFSA now. I’m also working on our taxes, and trying to decide whether to take the Tuition and Fees credit for last year’s educational expenses, which would reduce our AGI but not reduce our taxes very much, or the American Opportunity deduction, which would reduce our taxes quite a bit. I’m wondering whether in the long run it would be better to try to reduce our AGI as much as possible.