topic If I graduated in 2020 is there a tax break for that? in Education

If I graduated in 2020 is there a tax break for that?

sruggio — Sat, 03 Apr 2021 16:07:29 GMT

Re: If I graduated in 2020 is there a tax break for that?

Bsch4477 — Sat, 03 Apr 2021 16:14:08 GMT

You or your parents (if they claimed you as a dependent) may be eligible for education credit.

Re: If I graduated in 2020 is there a tax break for that?

Hal_Al — Sat, 03 Apr 2021 23:56:05 GMT

Graduation year is usually the 5th calendar year of college. There is a 4 time limit for claiming the most generous credit, the American Opportunity Credit. Your parents may have already claimed it the maximum 4 times on your schooling.