Deductions & credits

@Lugia36 once your Qualified Educational Expenses exceed $4000 (and without getting too complicated, that is $4000 more than the scholarships), it won't change AOTC.  

 

Curious, what is your situation? are you claimed by your parents?  if so, they are the ones who are eligible for AOTC.   Can you explain your situation some more? Age? who provide more than 50% of your support? How much will you earn from working this year? 

 

The rules for AOTC can be trickly.