How many years can I claim College Expenses/Tuition 1098-T?

[montalvofernanda]

My CPA told me you can only claim them for four years but I'm going to school part-time, therefore it will take me 6-8 years to finish. Can I claim every year that I'm a student, or should I only choose 4 years out of the 6-8?

[KatrinaB]

You can file form1098-T for more than four years. However, after the first four years the most beneficial education credit (the American Opportunity Credit) will be used up. After that, you'll be able claim the Lifetime Learning Credit or the Tuition and Fees Deduction. Please visit the IRS link below to learn more about these education credits.

https://www.irs.gov/pub/irs-pdf/p970.pdf

You may also enjoy using the Education Credits and Deductions Calculator.

http://blog.turbotax.intuit.com/tax-deductions-and-credits-2/education/turbotax-education-credits-an...