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January 21, 2023
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Can I claim the opportunity credit more than 4 times if it takes me 8 years to finish my Bachelor's degree?

  • January 21, 2023
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Best answer by Hal_Al

No.  The American Opportunity Credit (AOC) has a 4 time limit. Period.

 

After you (and/or your parents) have used the AOC 4 times, you can then use the less generous Lifetime Learning Credit (LLC). There is no limit on how many times the LLC can be used. 

1 reply

Hal_Al
Hal_AlAnswer
Employee
January 21, 2023

No.  The American Opportunity Credit (AOC) has a 4 time limit. Period.

 

After you (and/or your parents) have used the AOC 4 times, you can then use the less generous Lifetime Learning Credit (LLC). There is no limit on how many times the LLC can be used.