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American Opportunity Tax Credit (Eligibility) - 4 Calendar or Academic Years
The main question is the following for the AOTC credit.
1. What does "Not have finished the first four years of higher education at the beginning of the tax year" mean?
I've read debates/discussions about if its 4 calendar years or 4 academic years.
I'm note sure if I'm eligible as I've been working through school......super slow.
I got my associates like 2 years ago and now working towards bachelors.
I have about 10 classes remaining to get a bachelors and after checking, I've only claimed the credit once in like 2019.
I meet all the other requirements, but have no clue about the years one.
Topics:
March 12, 2025
12:12 PM