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March 13, 2023
Question

I pay for my college and got the American Opportunity Credit 2 years ago on my tax return. I am still in college. Do I qualify again for it?

  • March 13, 2023
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Hal_Al
Employee
March 13, 2023

Q.  I pay for my college and got the American Opportunity Credit (AOC)2 years ago on my tax return. I am still in college. Do I qualify again for it?

A.  Yes, if you have not yet completed 4 years of college.  There is also a limit of 4 times, in claiming the AOC on a student's undergrad education. The 4 times counts whether claimed by the parent or the student.  You must be half time or more for the academic term.