Wednesday, December 06, 2006

NJ families brace for possible loss of tuition deduction

Kathy Marsico of Emerson NJ has $1,000 riding on whether Congress extends a tax deduction for college tuition that expired at the start of the year. That's how much she was able to lower her taxes by using the deduction for her two sons' tuition last year, and how much more she'll have to pay by April 15 if Congress does not act.

Click here to read the entire story.

Related story:
Killing tuition deduction an insult to middle class (Rochester Democrat)

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