Ostracized Posted June 9, 2010 Report Share Posted June 9, 2010 I'm entering third year of dental school, and something I've only recently learned is that tuition tax credits carry forward until after you finish school. In other words, if you paid $120,000 for tuition, you will get $120,000 in tax-free income -even after you graduate. I'm not sure what the income tax is on that much money, but it must be at least $50,000. So, in an indirect way, school is actually much cheaper than it appears to be. I really don't know a lot about taxes, so if I am getting this totally wrong, someone please correct me. Link to comment Share on other sites More sharing options...
This topic is now archived and is closed to further replies.