Solved
Am I supposed to get a lifetime learning credit?
my parents claimed 4 years of the American Opportunity Credit
Yes, if you meet the requirements.
If your parents claimed the American Opportunity Tax Credit for you for four years, you cannot claim that credit. The next most advantageous educational tax benefit available to most taxpayers is the Lifetime Learning Credit.
To be eligible for the Lifetime Learning Credit (LLC), the student must:
- Be enrolled or taking courses at an eligible educational institution;
- Be taking higher education course or courses to get a degree or other recognized education credential or to get or improve job skills; and
- Be enrolled for at least one academic period beginning in the tax year.
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