You'll need to sign in or create an account to connect with an expert.
Your American Opportunity credit is 40% refundable.
The American Opportunity credit is phased out if your modified adjusted gross income (MAGI) exceeds certain levels. (MAGI is adjusted gross income plus certain tax-free income from sources outside the United States.)
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
mimi-he
New Member
PurpleOrangeMango
Returning Member
MGravlin
Level 1
ramaonline
Level 1
amirahm2021
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.