Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
jamimarie93
New Member

I am unsure if anyone has claimed me in the american opportunity credit in previous years

I have checked the past two years of my return, and last year's of both my parents, and find no trace of it, but I am unsure if in the years previous it had been claimed/how many times it may have been claimed.
1 Best answer

Accepted Solutions
KrisD
Intuit Alumni

I am unsure if anyone has claimed me in the american opportunity credit in previous years

It can be claimed 4 times by any student or the taxpayer claiming the student.

If you think you are eligible and claim the credit, the IRS will inform you if you have used it 4 times already.

But be aware, according to the IRS:

“If you claim this credit even though you're not eligible and it's determined that your error is due to reckless or intentional disregard of the rules, but not fraud, you won't be allowed to claim the credit for 2 years. If it's determined that your error is due to fraud, you won't be allowed to claim the credit for 10 years”

Keep copies of the returns and other information you used to investigate if the credit had been used 4 times already, to prove to the IRS that you did your best to research this question, in case you are wrong.


View solution in original post

1 Reply
KrisD
Intuit Alumni

I am unsure if anyone has claimed me in the american opportunity credit in previous years

It can be claimed 4 times by any student or the taxpayer claiming the student.

If you think you are eligible and claim the credit, the IRS will inform you if you have used it 4 times already.

But be aware, according to the IRS:

“If you claim this credit even though you're not eligible and it's determined that your error is due to reckless or intentional disregard of the rules, but not fraud, you won't be allowed to claim the credit for 2 years. If it's determined that your error is due to fraud, you won't be allowed to claim the credit for 10 years”

Keep copies of the returns and other information you used to investigate if the credit had been used 4 times already, to prove to the IRS that you did your best to research this question, in case you are wrong.


Dynamic AdsDynamic Ads
Privacy Settings
v