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Completed applications(includepages29)willbeduetoyourhighschoolcounselorby FridayApril6th,2018 ASCENTAPPLICATION 20182019 Abstract ASCENTstandsforAcceleratingStudentsthroughConcurrentENrollmenT. Students
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What is p970?
P970 is the Tax Benefits for Education form issued by the IRS to claim education tax credits or deductions.
Who is required to file p970?
Taxpayers who have qualifying education expenses and wish to claim education tax benefits on their tax return are required to file p970.
How to fill out p970?
To fill out p970, taxpayers must provide information about their education expenses, enrollment status, and any education tax credits or deductions they wish to claim.
What is the purpose of p970?
The purpose of p970 is to help taxpayers claim education tax benefits, such as the American Opportunity Credit or the Lifetime Learning Credit, to reduce their taxable income.
What information must be reported on p970?
Information such as qualifying education expenses, student enrollment status, and any education tax credits or deductions claimed must be reported on p970.
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