Hal_Al
Level 15

Education

@lanasia99  said "I have a full tuition only scholarship"

 

If your tuition is fully covered by scholarship and that scholarship is restricted to only be able to be used for tuition, you have no expenses that would allow you to claim the American Opportunity Credit. Room and board are not qualified expenses for the AOC. 

 

@lanasia99  said " I have claimed the American Opportunity Credit for 3 years prior"

 

You  may have done it wrong for the last three years. On the other hand, if your scholarship is not restricted, then the way to claim the AOC, is to designated some of the scholarship (up to $4000) as paying for room and board.  That part of your scholarship will be taxable income to you, but it frees up tuition, that is no longer paid by tax free scholarship,  to be claimed for the AOC.