| Education Provisions |
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| + | An
above-the-line tax deduction for qualified higher |
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| education
expenses |
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| – | Definition of
expenses is same as those eligible |
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| for the HOPE
and Lifetime Learning Credit |
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| – | Cannot take
deduction and claim HOPE or |
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| Lifetime
Learning credits in the same year with |
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| respect to the
same student. |
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| – | Effective for
tax years 2002 through 2005. |
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