Causes and effects of environmental pollution: Pollution occurs when the natural environment cannot destroy an element without creating harm or damage to itself.
If you take the Tuition and Fees Deduction and you have also paid interest on student loans, you may be able to take the Student Loan Interest Deduction as well. The Tuition and Fees Deduction is an above-the-line deduction, so you do not need to itemize to claim it on your tax return.
Amount of Tax Deduction. Taxpayers can deduct up to $4,000 in college tuition and required fees as an above-the-line exclusion from income. The deduction is reduced to $2,000 for taxpayers with income between the income phaseout thresholds.o claim the Tuition and Fees Deduction, the taxpayer must be able to claim an exemption for the student on the taxpayerâs federal income tax return and must list the student as an exemption on the taxpayerâs federal income tax return. The tax deduction is claimed per taxpayer, not per student.