Education

@ashredder94 You are correct.  Since the maximum education expenses claimed in 2016 was $4,000, then you can claim the $5,000 paid for your 2017 tuition on your 2017 tax return.  Your total tuition for 2017 = $5,500.  This amount will be reduced by the $825 scholarship received.  For the AOC, books, fees, and supplies are also qualifying education expenses.