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I qualified for American Opportunity Credit/Lifelong Learning and I'm only getting $58 as opposed to last year where I received $1400
Hi, I am a bit confused as to why this year I am only receiving $58 in American Opportunity/Lifelong Learning Credit when my tuition has risen slightly since last year and the amount of scholarships I have received is around the same. My tuition is around $7000 and the scholarships I received is about $708. This is very similar to last year. Most of my information is the same as last year except I switched addresses and work reduced hours at my job (therefore my income is lower than last year). Last year I received about $1400 in education credit and I have only received it for 2 years.
‎January 27, 2023
12:12 AM