@zymxhjjtm197227 wrote:
Hi, your last paragraph is the answer. Our (parents) income is too high to claim the AOCT. I am trying to see if there is a way for my kid to get it.
Yeah, the IRS is coniving and one step ahead of all of us..... hence, it is quite challenging for the student to capture AOTC when the parent's income is too high. You could a) encourage your child to get married OR b) execute an unthinkable act/pact with your spouse..... then the child would be AOTC eligible. I would have also suggested the student 'shooting the moon' on bitcoin but that opportunity appears to be behind us for the time being. 😊
