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jrwtaylor
New Member

If i was a dependent in the previous years while in school and my parents took the American Opportunity Tax Credit, but not the hope am i able to claim it later?

 
1 Reply
KrisD
Intuit Alumni

If i was a dependent in the previous years while in school and my parents took the American Opportunity Tax Credit, but not the hope am i able to claim it later?

You can claim the American Opportunity Tax Credit if your parents and you have not used it 4 times already.

The times the credit was used as you being the student counts as times you used it.

The American Opportunity Tax Credit can only be used 4 times.

The Hope Credit is no longer available, but if a taxpayer had claimed that on a student, it would count as one of the four times the AOTC can be used.

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