Iowa tax credits can help parents

Many Iowa families understand the high cost of putting a child through driver's education during the school year or over summer break. What many families don't know is the Iowa Income Tax Return includes a credit for eligible expenses for K-12 students, expenses that may include driver's education.

“We want families to be aware of this tax credit, because expenses for school can become costly,” said Barbara Wollan, Iowa State University Extension and Outreach family finance program specialist.

Iowa tax law includes two tax credits to help families with pre-school and school-aged children. Iowa State University Extension and Outreach family finance program specialists talk about the Iowa Tuition and Textbook Credit and the Early Childhood Development Credit.

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