https://ttlc.intuit.com/community/college-education/discussion/removed/01/260904#M7233 <P>.</P> Wed, 07 Apr 2021 05:46:38 GMT berean 2021-04-07T05:46:38Z https://ttlc.intuit.com/community/college-education/discussion/removed/01/260904#M7233 <P>.</P> Wed, 07 Apr 2021 05:46:38 GMT https://ttlc.intuit.com/community/college-education/discussion/removed/01/260904#M7233 berean 2021-04-07T05:46:38Z https://ttlc.intuit.com/community/college-education/discussion/this-statement-refers-to-the-fact-that-the-maximum-amount/01/260905#M7234 <P>This statement refers to the fact that the maximum amount of educational expenses that can be applied towards the AOTC is $4000.</P><P><A rel="nofollow" href="https://www.irs.gov/credits-deductions/individuals/aotc" target="_blank">https://www.irs.gov/credits-deductions/individuals/aotc</A>&nbsp;</P><P>If the qualified expenses minus the total amount of scholarship grants&nbsp;is greater than $4000, including the scholarship amount in income will not be likely to increase the resulting amount of the credit.</P> Sat, 01 Jun 2019 22:10:41 GMT https://ttlc.intuit.com/community/college-education/discussion/this-statement-refers-to-the-fact-that-the-maximum-amount/01/260905#M7234 SarahM 2019-06-01T22:10:41Z