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Deductions & credits
Since you already have a BS, you are not eligible for the more generous American Opportunity Credit (AOC or AOTC). Your situation is eligible for the Lifetime Learning Credit (LLC). The LLC is 20% of tuition, up to $10K, and is non refundable. That is, it can only be used to reduce an actual tax liability. Books and computers are not eligible.
‎February 7, 2023
5:28 AM