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Deductions & credits
I’m 23, file independently and single. I work full time pre-tax income is 38,400. Every other school expense for this tax year (2023) is fully covered by grants. On the AOTC isn’t the first $2000 in eligible expenses credited 100% and on the next $2000 your credited 25% for a total of $2500 yearly for a maximum of four years?
October 19, 2023
5:33 PM