Q. Start college in Sept. 2016, 17,18 and 2019. Take all 4 years of the AOC. Now you pay for the Spring semester of 2020 in early 2020. Can you take the Lifetime Learning Credit (LLC) for 2020?
A. Yes. There is no limit on how many times the LLC or Tuition and/or Fees Deduction (TFD) can be claimed. So, there is no limit on how many total times education credits can be claimed. The AOC is the only education credit/deduction with a limit (4 times).
