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Are we eligible to claim the American Opportunity Tax Credit in 2019? Credit to be taken 2015, 2017, and 2018. Income too high in 2016.
Son FT student for 8 consecutive semesters. Started in fall 2015 and expected to graduate in May 2019.
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Are we eligible to claim the American Opportunity Tax Credit in 2019? Credit to be taken 2015, 2017, and 2018. Income too high in 2016.
Yes, the credit can be taken for 4 years and they don't have to be consecutive years. From what I see with the new tax law, the American Opportunity Tax Credit remains unscathed.
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