Okay, lots of college kids here. And it's tax time.
I recently found out about the Hope Tax Credit; you can read about it here: http://www.ed.gov/offices/OPE/PPI/HOPE/index.html
My friend told me that she filed last year and received the Hope credit. However, on the site it says that it's only for people who have not finished the first two years of school. Did she get lucky and the IRS didn't catch her, or am I misunderstanding the regulation?
For anyone here in their first couple of years of school, read the link and then file for Hope. For anyone else, file for the Lifetime learning credit. I can't believe I had never heard about these.