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.