Higher Education Tax Benefits

There are several money-saving tax benefits available to taxpayers.* The IRS offers various tax savings to individuals and families who are paying for higher education.

You should consult your tax advisor to see what tax benefits are available for you. To learn more, contact the IRS directly or consult the IRS Publication 970 on Tax Benefits for Education. Call 1-800-829-3676 or visit www.irs.gov.

*Important Information: Chase does not and cannot advise individual borrowers as to whether and how much in student loan interest they can deduct, or the personal income tax implications of any tax benefit. Tax implications stated are based on general tax principles and may or may not apply to your individual situation. To determine any individual tax benefit, borrowers should consult a qualified tax advisor or accountant, or contact the Internal Revenue Service directly. IRS Circular 230 Disclosure: JPMorgan Chase & Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

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This information was current as of 09/01/2011 and is subject to change.