turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

does online MBA qualify for AOC credit?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

does online MBA qualify for AOC credit?

No.   The American Opportunity Tax Credit is only used for undergraduate years of college, not for a master's degree.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Hal_Al
Level 15

does online MBA qualify for AOC credit?

You follow up question might be does online MBA qualify for the Lifetime Learning credit (LLC)?

 

Schools that only offer online courses usually do not qualify.  Online classes taken at schools that also have  classroom instruction usually do count.

See if your school is on the U.S. Department of Education’s Database of Accredited Post Secondary Institutions and Programs (DAPIP) or the Federal Student Loan Program list. (from IRS web site)

I find this tool easier to use, even though they say it's for 529 plans (it's the same list)

https://www.savingforcollege.com/eligible-institutions

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question