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Education
It depends. Only the education expenses that you paid for yourself will be eligible for the credit. According to page 13 of Pub 970,under the heading,
"no double benefit allowed", you cant "claim a credit based on
qualified education expenses paid with tax free educational assistance such as
a scholarship, grant, or assistance provided by an employer." For
additional information, also refer to page 13 of Pub 970, under the heading,
"tax free educational assistance" for more information. https://www.irs.gov/pub/irs-pdf/p970.pdf
To learn more about qualified education expenses and the American Opportunity credit, please refer to the following FAQs. https://ttlc.intuit.com/replies/5358152 https://ttlc.intuit.com/replies/5358150
May 31, 2019
11:57 PM