How do I claim the AOTC?

To enter the information to qualify for the American Opportunity Credit (AOTC), please follow the following steps in TurboTax:

1. Search education with the glass magnifying tool at the top of the page.
2. Click Jump to education at the top of the search results.
3. Confirm there is a 1098-T filled out on this screen. 
4. Answer the questions on the screens that follow.
5. TurboTax will determine, from your responses, if you are eligible for the American Opportunity Credit (AOTC) and what education or deduction will benefit you the most. 

If you are getting a full scholarship or have paid no out of pocket expenses for attending school, you will not be eligible for the credit. 

In addition, you can only use this credit for the first four years of college if you are working towards a degree and enrolled full-time.