Catch a Tax Break

Tallahassee, Fla. – Its February, and between now and April 15^th people including students nationwide will be filing their tax returns. The American Opportunity Credit will help many students have a larger refund than they initially expected.

The American Opportunity Credit is helping students receive a possible government refund for up to $2,500 for school expenses. The credit only is eligible if you’re a student that has education expenses such as student loans and or book or computer purchases in the 2009- 2010 academic school year.

“A lot of the students I have come in contact with have not applied for the credit” said Dante Bland, Industrial Engineering student at FAMU. “But I wanted to make sure I got the maximum refunded back to me.”

Bland came across the American Opportunity Credit after filing his taxes on 123taxcredit.com. He was advised to use the site from a member of his church who also had used the site. Bland says the he would’ve never known about the credit if he didn’t use the site.

“After I filed my taxes the next day they called to inform me about how much I would receive in tax credits, they also told me I was eligible for the American Opportunity Credit and it help maximize my refund.”

123taxcredit specializes in tax credits. The site is formatted to correct tax return information and if you are claimed on someone else’s taxes their information will be corrected as well. Bland mentioned that the site corrected not only his taxes, but his mothers taxes and both received more on their return.

It is important for every student to know what they need in order to properly fill out their taxes. Stephen Bailey, FAMU Accounting Alum, has helped numerous students fill their taxes and says most students do not receive their full refund because they do not know what they need.

“I tell everyone I come in contact with that in order to properly fill your taxes as a student you will need a tax return form, a tuition summary that includes information regarding their tuition, housing costs, loans, and prices of computers and books purchased” Bailey said. “Not only students, but everyone needs to know how important it is to have all the necessary items to properly file their taxes.”

In order to obtain more information regarding tips on how to file or how to obtain the highest amount for your return preferably contact a tax credit specialist from 123taxcredits.com via e-mail @123taxcredits.com or by phone 1-877-987-7237 or contact any tax specialists in the area. Also students should ask their tax specialist about specials for students.