<< "The higher education credit is "non-refundable'. That is, it can reduce regular income taxes to zero but cannot result in the receipt of a refund. Also, it cannot be used to reduce alternative minimum tax liability. If the expenses on which the higher education credit is based are later refunded, the credit may have to be "recaptured:' i.e., it may have to be repaid." >>I can see how you got confused. I'm sure TMF Taxes has lots of spare time and will hop right to clarifying that article <g>.Phil Marti
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