You can exclude up to $5,250 of educational assistance benefits you received from your employer. To qualify for the exclusion, the benefits must be part of a written educational assistance program. Your employer can tell you whether your benefits are part of a qualified program.
For the American Opportunity Credit the education credit income limit is as follows: Single, head of household, or qualifying widow(er) — $80,000-$90,000. Married filing jointly — $160,000-$180,000.
In the 20th century during Prohibition, local wits named Franklin County the "Moonshine Capital of the World", as moonshine production and bootlegging drove the economy. As of 2000, the local chamber of commerce had adopted the title as a heritage identification for the area. Moonshine is still being made in the area.
From 2021 to 2022, employment in Franklin County, VA grew at a rate of 0.976%, from 23.8k employees to 24k employees.
Franklin County is Virginia's seventh largest county, containing 711.6 total square miles within its borders. The county falls along the eastern foothills of the Blue Ridge Mountains and the terrain is largely mountainous or rolling hills.
For Franklin County, moonshining is a family business, and one of the most notorious families is the Law family. Owen Law started as a bootlegger in the 1920's. “He died when he was 92, and he was still under probation,” said Henry Law. Henry and his cousin Kenny Law are the grandsons of Owen.