American Opportunity Credit

[paisania999]

My husband is pursuing MBA, he is on H1B visa and we are filing MFJ returns can he claim the American Opportunity credit

[Critter-3]

NO.

[paisania999]

Is Lifetime learning credit is available in that case

[Critter-3]

Possibly if you qualify.

[Opus 17]

AOTC is only available for the first 4 years of post-secondary education (meaning the first bachelors or 4 year degree equivalent.). AOTC would never be available for an MBA even for a US citizen.

[paisania999]

Thank you so much for your revert

[kartheeksrm]

what if these first four years occured outside usa

[ErnieS0]

Foreign education would most likely not count for years for purposes of the American Opportunity Tax Credit, unless the student attended a school overseas that is an "eligible educational institution."

The American opportunity tax credit (AOTC) is a credit for qualified education expenses paid for an eligible student for the first four years of higher education.

A foreign student who did not attend a qualified educational institution would not be eligible for the credit.

An eligible educational institution is a school offering higher education beyond high school. It is any college, university, trade school, or other post secondary educational institution eligible to participate in a student aid program run by the U.S. Department of Education.

What is an Eligible Educational Institution?

@kartheeksrm