At one point I was claimed for the american opportunity tax prior to 2019 when I dropped out. Coming back 2019-2024, completed my.degrre is this tax applicable or reset?
Asking if this tax credit reset or its done.
011008
1 Replies
xmasbaby0
Level 15
Feb 5, 2025 5:59:42 AM
It does not "re-set". You can use that credit---the AOTC -- a grand total of four times which will include using it on a parent's return or on your own return, for the years in which you are pursuing a four year degree.