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Tax Credits and Deductions

Computers and 529 Plans

The PATH Act of 2015, aka the budget deal signed last week, included a bonus for families of college students: computers, software and peripherals are now Qualified Higher Education Expenses eligible for purchase via 529 plan funds. Previously computers had to be required by the school in order to be eligible. (One could of course argue

FAFSA 4caster vs FAFSA

The FAFSA 4caster is a good tool for estimating your EFC but it’s important to understand its limitations. The big one is this: it only asks for one piece of your income, your AGI. The FAFSA itself requires you to add back some big ticket items that are not included in your AGI.

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