Educational Technology

September 19, 2010

Expanded Education Credit Includes Computer-Related Technology and Internet Access

Filed under: Educational Technology — admin @ 12:35 am

News Release by the IRS

It’s school time, and the Internal Revenue Service Thursday reminded college students and parents about expanded tax benefits for education and rule changes for tax-free college savings plans known as 529 plans. Two key changes from the Recovery Act of 2009 may help students and parents in 2010. One change allows 529 plan users to pay for a student’s computer-related technology needs such as internet access. The other change means more taxpayers will be eligible to claim a new education credit to offset cost of college and maybe even get a bigger refund.

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