Key Points ・The Education Freedom Tax Credit will allow taxpayers to reduce up to $1,700 in federal income taxes to fund scholarships for K–12 students, starting in 2027. ・Scholarships funded through ...

In an opinion released Thursday, the court denied the request to prohibit the tax credits and dismissed the petition.

Gov. Ned Lamont is still weighing whether the state will participate in the first federal tax credit program to help eligible ...

Millions of American taxpayers may have erroneously claimed an education tax credit last year, according to a new federal watchdog report disputed by the Internal Revenue Service. As many as 2.1 ...