Stark County families have more than $27.8 million in unclaimed college tuition tax credits. Here’s how to get yours.
Start by educating yourself.
- U.S. Sen. Sherrod Brown, D-Avon, is getting the word out. He has announced a campaign to make sure all eligible families get what is owed to them: Up to $2,500 through the American Opportunity Tax Credit, known as the AOTC.
- This credit provides a maximum tax credit of $2,500 for qualified tuition and related expenses (i.e. think textbooks — and more!) for the first four years of post-secondary education. This tax credit replaced — and expanded — the HOPE tuition credit.
- Middle-class families are eligible (those making $80,000 or less; or $160,000 or less for joint filers), said Brown: “Middle class Ohio families are missing out on millions of dollars in tax relief for one of the most important investments they make — a college education for their children.”
- Only 35 percent of Ohio families filed for the credit last year.
- Across the state, Ohio families have more than $700 million in unclaimed college tuition tax credits, with the highest amounts in Cuyahoga County, $95.4 million; Franklin County, $65.3 million; and Hamilton County, $45.4 million.
Tuition credits worth millions unclaimed »
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