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October 11, 2024
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"Had You Earned Four Years of College Credit Before 2023?" Do I choose yes or no, if I attended for more than 4 years but have NOT graduated with a Bachelor's Degree yet?

  • October 11, 2024
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Best answer by Hal_Al

Q. Am not sure when the AOC credit came about, or how many times I may have claimed it. How can I find that out? 

A. The American Opportunity Credit (AOC )is successor to the Hope Credit. Both the Hope and AOC count toward the four time limit. Any credits claimed by your parents, on your education, also count toward that 4 times.  The only way to find out is review both you and your parents past tax returns. The AOC dates to 2009 and the Hope to 1998. 

1 reply

Employee
October 12, 2024

If you don’t have a degree AND have not claimed the American Opportunity Credit 4 times answer No. 

October 12, 2024

Already chose yes and moved on because I'm confused and tired (Long-Covid brain). However, I was gone from college for 11 years (returned last year) and am not sure when the AOC credit came about, or how many times I may have claimed it. How can I find that out? (Probably pointless to ask, since I've already submitted it.)

Hal_Al
Hal_AlAnswer
Employee
October 12, 2024

Q. Am not sure when the AOC credit came about, or how many times I may have claimed it. How can I find that out? 

A. The American Opportunity Credit (AOC )is successor to the Hope Credit. Both the Hope and AOC count toward the four time limit. Any credits claimed by your parents, on your education, also count toward that 4 times.  The only way to find out is review both you and your parents past tax returns. The AOC dates to 2009 and the Hope to 1998.