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ksblair25
New Member

I've received the lifetime learning credit. Is this the same thing as hope or american opportunity credit? I'm not seeing that I've received the hope or american opportunity credit but can't be sure.

 
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1 Reply
LinaJ2018
Intuit Alumni

I've received the lifetime learning credit. Is this the same thing as hope or american opportunity credit? I'm not seeing that I've received the hope or american opportunity credit but can't be sure.

No, Lifetime learning Credit is different than Hope or American Opportunity Credit.  If you did not receive Hope or American Opportunity Credit in the past, answer NO to the question. 

The Hope credit, is available to taxpayers who have incurred expenses related to the first two years of post-secondary education.  The American Opportunity Tax Credit later modifies the Hope Credit to allow for four tax years per eligible student (including any year(s) Hope scholarship credit was claimed)

The Lifetime Learning Credit is benefit allowed to help pay for undergraduate, graduate and professional degree courses--including courses to acquire or improve job skills.  

For more information, see below:

https://ttlc.intuit.com/replies/5358151

https://ttlc.intuit.com/replies/5358150

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