Someone â the subject, or the artist, or some organization â wants a portrayal of a certain person (or group of people). Even a street portrait of a stranger can fit, based on the photographer's intention. By the very existence of the term group portrait, clearly such a thing exists. One can also say individual portrait, but generally the implication of the term alone is that a single person is portrayed.
For years after 2006, the lowest federal tax rate percentage is 15%. Thus, for example, if an amount of $2,000 has been paid for eligible tuition fees for 2014, the student is entitled to a tuition tax credit of $300 for the 2014 tax year ($2,000 x 15%).
You can take either a tax credit or an itemized tax deduction for allowable college tuition expenses. The expenses must be for undergraduate study, paid by you as a taxpayer, on behalf of yourself, your spouse, or your dependents, to enroll or attend qualifying in-or out-of-state institutions of higher education.ollege Tuition Tax Credit. The college tuition credit is a tax credit allowed for qualified college tuition expenses paid for an eligible student. For taxpayers with allowable expenses of $5,000 or more, the credit equals the applicable percentage of qualified tuition expenses multiplied by 4 percent.