My son is currently in his final semester of college. We have used the AOC for 3 years (2019,20,21). When I run the 2022 taxes, reporting the 1099Q's (one on his SSN, one on mine), all qualified expenses, scholarships, the Education Credit optimizer says that I can take a $2 AOC credit. Looking ahead to 2023, he will no longer be our dependent (his final semester is not full time). Would it make sense for us to decline the $2 AOC for 2022, so that my son has the option to claim his 4th year of AOC against this last semester (tuition after scholarships will be over $5000) on his 2023 taxes ?
