Thanks for your kind reply
Q. the 2025 first term grants were also credited to my son's account in 2024, so all QEE of 2025 first term is paid in 2024, right?
A. Only the part paid by grant, unless you records indicate what you paid.
For 2025 first term.
the $2227 student loan of 2025 first term was credited into my son's account in 2024, and you told that the student loan is treated as paid by student's own money. The AQEE for AOTC is $8868 tuition - $7947(grants) =$921. the $2227 loan can be used to pay off the $921, and left $2227-$921=$1306 to pay toward R&B.
so I caculate the AQEE of AOTC in my 2024 tax turn will be $1120+$921=$2041. my AQEE of 529 distribution in 2024 tax return is $7443(2024 R&B)+$1306 (pay toward 2025 R&B by student loan) +$990 =$9739. right?
as for $990 laptop, we asked the lecturer if the laptop is a requirement of the course, the lecturer reply with grey answer "You can in principle access the course online and do programing by going to the Computer Lab. it will be extremely inconvenient. A laptop or PC is not strictly a requirement, but in practice, it is almost a requirement", so I think IRS will not allow the laptop as QEE of AOTC.
Thanks again for your kind help and looking forward to your reply
