Education Credit

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Definition: Education Credit

Education Credit
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Full Definition of Education Credit

A tax credit available for education expenses, such as a Hope Credit or a Lifetime Learning Credit. Education credits can be applied to many situations including education expenses, deposits in Education Savings Accounts, and withdrawals from IRAs in order to finance education and student interest loan payments.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/education-credit/
Modern Language Association (MLA):
Education Credit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/education-credit/.
Chicago Manual of Style (CMS):
Education Credit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/education-credit/ (accessed: April 23, 2024).
American Psychological Association (APA):
Education Credit. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/education-credit/

Definition Sources

Definitions for Education Credit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.