Hal_Al
Level 15

Education

@colbyberry928 

 

You're tagging on to an existing thread without providing your info.  Are you the student or the parent. 

The (up to) $1000 refundable portion shows on line 29 of form 1040.  Th non refundable part is include in the amount on line 20 via schedule 3 (line 3) and form 8863. 

 

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. It is usually best if the parent claims that credit. 

You cannot claim the (up to) $1000 refundable credit if you are, or can be, claimed as a dependent by someone else.

 

Reference: Line 7 instructions for form 8863.

https://www.irs.gov/instructions/i8863#en_US_2024_publink53002gd0e674