My wife did her bachelors degree from foreign country and now she is pursuing her graduate (masters) degree in USA. Can I use her 1098-T from this year to qualify for american opportunity tax credit ? Although she has a 4 year college degree from another country I have never used her previous education to claim
American opportunity tax credit.
@deepal2144 , tell TurboTax that you are filing Married Filing Joint and that you have 1098-T for the spouse. Then answer all the questions-- it will walk through the form fill-out and compute the best option for you. American Opportunity Credit is only for the first four years of post secondary students-- but there are other credits available .
Good luck
I know that I am eligible for other credit like Lifetime Learning Credit but I want to check if I am eligible for american opportunity credit since the credit is higher.
@deepal2144 as both @NCperson and I have mentioned , AOC is ONLY for the first four years of Post-Secondary schooling. It is not a question of if it has been used , it is ONLY for Under-graduate work. Sorry
Namaste ji