September 14, 2007, Newsletter Issue #81: The Hope Scholarship Tax Credit

Tip of the Week

The Hope Scholarship Tax Credit is not a scholarship at all, nor is it related to Georgia's Hope Scholarship in any way. The Hope Scholarship Tax Credit is a tax break offered to taxpayers with dependants in the first two years of undergraduate schooling.

The credit does not guarantee a refund and the amount of the credit is depending on income and other qualifications. A tax preparation specialist or accountant can help assess what a person is editable for.

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