Education Tax Breaks to Help You Pay for College

11 Education Tax Credits and Deductions for 2022 | IRS Increases Mileage Rates Because of High Gas Prices | Tax Changes and Key Amounts for the 2022 Tax Year Created for {EMAIL} | [Web Version]( July 3, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Youtube]( [Tax Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Education & Taxes [] [11 Education Tax Credits and Deductions for 2022]( Whether you're saving for college, currently paying tuition, or dealing with student loan debt, there's probably an education tax break that can help your bottom line. [READ MORE]( Plus: [13 Tax Breaks for Homeowners and Home Buyers]( [] IRS News [] [IRS Increases Mileage Rates Because of High Gas Prices]( [IRS Increases Mileage Rates Because of High Gas Prices]( (Getty Images) The higher mileage rates, which are used to calculate certain tax deductions for business and other uses of a car, took effect on July 1. [READ MORE]( Plus: [Biden Proposes Gas Tax Holiday, Urges States to Do the Same]( [How You Can Earn a $200 Bonus in the Next 90 Days]( Reshape your financial picture with these industry-leading cards. [READ MORE]( ADVERTISEMENT: [] Tax Planning [] [Tax Changes and Key Amounts for the 2022 Tax Year]( Americans are facing a long list of tax changes for the 2022 tax year. Smart taxpayers will start planning for them now. [READ MORE]( Plus: [2022 Tax Calendar: Important Tax Due Dates and Deadlines]( [] Taxes in Retirement [] [How 13 Types of Retirement Income Get Taxed]( [How 13 Types of Retirement Income Get Taxed]( (Getty Images) When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes. [READ MORE]( Plus: [How All 50 States Tax Retirees]( [How To Reduce Your Taxable Income with Real Estate Investing]( The IRS allows investors to deduct depreciation for 39 years on commercial real estate. Learn how the CRE Income Fund pays an annual 10% dividend yield and is a long-term tax advantaged strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ADVERTISEMENT [] Health Care & Taxes [] [Abortion and Taxes: What Happens Now Without Roe v. Wade?]( See how abortion-related medical expense deductions, HSA and FSA payments, employer-provided travel, and charitable contributions will be handled now that Roe v. Wade has been overturned. [READ MORE]( Plus: [HSAs Make Health Care More Affordable]( [Get An Attractive 10% Dividend Yield With Minimal Downside]( Price growth for commercial real estate grew at a historic pace in 2021, learn how The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ADVERTISEMENT [] Also On Kiplinger [] - [10 States With the Highest Sales Taxes]( - [Most-Overlooked Tax Deductions and Credits for the Self-Employed]( - [Sign up free for A Step Ahead: Guidance on how to navigate today’s challenges to business, the economy, and financial markets.]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005