Don't be sad! Just kidding. Payments for academic periods Payments made in 2021 for academic periods beginning in 2021 or beginning in the first 3 months of 2022 can be used for the AOTC. Based on the above statement found on the form 8806 you can use the payment in December.
Form 8806 Instructions this is 2022 instructions so the 2021 instructions would address your tax year.
Also, make sure that you have not claimed the AOTC for more than 4 years. The form 1098T from the university will guide you in the deduction allowed for 2022.
If you have an amount on the Form 1098T box1 and it is more than the amount in Box 5, most likely you will get the credit if it has not been more than 4 years.
Payments for academic periods Payments made in 2021 for academic periods beginning in 2021 or beginning in the first 3 months of 2022 included in 2022 calculation for the credit.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
