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Form 8917 for Syracuse New York: What You Should Know

Form 8917 was first developed in 1972 as the U.S. Tax Reform Act, and replaced Form 1040-ES. The tax form is a tool that can be used by individuals, firms, and estates to file their income taxes. There are different types of exemptions, deductions, credits, and other provisions that an individual (business entity, estate) must use to figure and get the education tax deduction. Use Form 8917 to Deduct Tuition and Fees from your Income — Education Tax Credit You can claim a tax credit on your federal income tax return for some eligible expenses incurred while attending a college or university. This section of the law allows you to claim a reduction on qualified education expenses for educational services that are required for you to receive higher education.

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