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Americans may get up to 1700 back via a new education tax credit
Economy
Published on 14 May 2026
Claim it by donating to education scholarships
A new federal education tax credit could return up to $1,700 to eligible Americans. The program is tied to approved education scholarship donations, offering taxpayers a way to reduce taxes while supporting students’ access to school funding. With more states expected to join, the benefit is emerging as a major 2026 tax story for families looking to maximize education-related savings.
- Taxpayers may receive up to $1,700 through the new credit
- Eligibility centers on approved education scholarship donations
- The credit is designed to support students’ school funding
- More states are expected to roll out related participation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times