Education-related tax benefits.

• Position: Fast Tax Facts 2002

EDUCATION-RELATED TAX BENEFITS Deduction for Qualified Higher Education Costs Calendar Year Single AGI MFJ AGI Deduction 2002-03 $65,000 * $130,000 * $3,000 2004-05 65,000 130,000 4,000 2004-05 80,000 * 160,000 * 2,000 * Taxpayers with AGI above these thresholds are not entitled to a deduction. Coverdell Educational Savings Accounts Annual Contribution Limit $2,000 Income eligibility MFJ $190,000 * Single $95,000 * As a couple's income increases from $190,000 to...