ANNOUNCEMENTS
- 2009 Equal Justice Works Fellowships application now available
- AU’s Charlene Gomes joins Equal Justice Works’ Law School Advocacy team
- Corporation for National and Community Service renews Equal Justice Works grant
Tax Credits
The Taxpayer Relief Act of 1997 created the Hope Scholarship Credit and the Lifetime Learning Credit, as well as a deduction for certain interest payments on qualified student loans. These benefits, which first became available for expenses incurred in 1998, mean that many AmeriCorps members will be able to obtain substantial relief from federal taxes on their education awards. Neither Equal Justice Works nor CNCS can provide individualized assistance in utilizing these deductions. However, further information about these credits can be obtained from the Internal Revenue Service. Request IRS Publication 970, Tax Benefits for Higher Education, by calling 1-800-TAX-FORM (1-800-829-3676) or by downloading it from the IRS website at www.irs.ustreas.gov




