Yes, you can use the loop hole for the LLC as well. But, it's not as generous as the AOC. It's 20% of the tuition paid. So, if your son is in the 12% tax bracket, you're coming out 8% ahead. With the AOC, your were getting 62% (100% on the 1st $2000 and 25% on the 2nd $2000) vs. 12%. Most students are in the 0% or10% brackets
