Are there any tax breaks or TA available for just a regular white person who is paying for his Masters degree?
Answer:
no, I guess if you say your a light skinned latino, youll get everything for free
Your skin color has nothing to do with your taxes. Go to www.irs.gov and see what free literature they might have that you can download. Remember,you must have Adobe to do this.
being white is a break all in itself.lucky
Race is not a factor in determining your taxes. There are educational allowances or deductions available and you can learn about them at the following link for IRS publication 17 which covers most every thing that you want to know about Federal income taxes.
http://www.irs.gov/pub/irs-pdf/p17.pdf.
You may be able to take advantage of the lifetime learning credit or the tuition and fees deduction on your tax return at the end of the year. Go to http://www.irs.ustreas.gov/publications/. to read more about it. Use form 8863 to calculate it. It is based upon how much you paid for your tuition and how much your income is.
no im sorry.only "RICH" white folks get tax breaks..wait a few years.
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