4 Replies Latest reply: Feb 14, 2012 4:37 AM by rac5524 . RSS

Penn Foster and Tax Credits

nicemann .

Has anyone figured out if you can claim Penn Foster as an education on your taxes?  I thought this was an accredited school but I guess they do not issue 1098-T.  Really wish I would have known this before I signed up.  I went with Penn Foster because they was the cheapest on the pocket book.  If I would have known I can not claim them on my taxes I would have gone with a local online college and it would have been cheaper and less hassle. 

If I was able to claim the fees from Penn Foster on my taxes I would have gotten back an additional $2,091 from my Federal Refund (Based on my fees of $3,200 for the year).