Under the American Recovery and Reinvestment Act's (ARRA) newly created American Opportunity Tax Credit, textbook and other course material expenses—along with tuition and fees incurred in 2009 and 2010 and not covered by scholarships or grants—may be claimed as a tax credit of up to $2,500 on that year's tax return. However, students and families must keep a record of their expenses to be eligible.

NACS is here to help you give your customers the information they need. Advising students to save receipts to prove purchases is an easy first step!

• NACS has developed an informational web site for you to share with your students and their parents: www.textbookaid.org.
• Order the American Opportunity Tax Credit Brochure and Receipt Envelopes from The NACS Store. Place these by your cash register for your students to take.
• Download and print the Tax Credit Poster to hang in your store. 
  Or, order the poster from The NACS Store.
• Add the Tax Credit Banner Ad to your store's web site and Facebook page. 
• Become a fan of the American Opportunity Tax Credit Facebook Page.

Press Release: NACS Applauds Inclusion of Textbook Tax Credit in Stimulus (PDF)

Questions? Contact Rich Hershman at (202) 778-4598 or rhershman@nacs.org.