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American opportunity credit qualifications

Hi,

I earned my bachelor's degree in 2002 at Turkey. And then I came to the US in 2007 as an immigrant. In 2017 I have started a master program as a half-time student. Also, I did not get this credit before.

So am I eligible to get this credit?

Thank you,

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3 Replies
FaithY
Expert Alumni

American opportunity credit qualifications

No, unfortunately, you are not eligible to receive the American opportunity credit because you have already completed the first four years of post-secondary education (you earned a bachelor's degree) as of the beginning of the taxable year (2017). 

According to IRS:

"Q12.  Who is an eligible student for the American opportunity tax credit?

A. For the American opportunity tax credit, an eligible student is a student who: (1) is enrolled in a program leading toward a degree, certificate or other recognized post-secondary educational credential; (2) has not completed the first four years of post-secondary education as of the beginning of the taxable year; (3) for at least one academic period is carrying at least ½ of the normal full-time work load for the course of study the student is pursuing; and (4) has not been convicted of a felony drug offense."

https://www.irs.gov/newsroom/american-opportunity-tax-credit-questions-and-answers

American opportunity credit qualifications

Then, will not be eligible any graduate student. Because they can not start to master program before getting bachelors degree. Is there any time limit such as in five last year?
FaithY
Expert Alumni

American opportunity credit qualifications

No, unfortunately, there is no time limit to the IRS' rules on being eligible for the American opportunity tax credit.

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