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fnhs3
New Member

Can I re-use the American Opportunity Tax Credit again, used it for four years it give me the best refund . I am still a student received 1098 T ?

can I retake the american Opportunity Tax Credit again , I use it for four years , it give me the best refund among other credit?
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ChristinaS
Expert Alumni

Can I re-use the American Opportunity Tax Credit again, used it for four years it give me the best refund . I am still a student received 1098 T ?

No. You can not take the American Opportunity for more than 4 years, regardless of how long you attend school. This is a firm basic of this tax credit.

You will be asked to confirm how many years you have taken the AOC when using Turbo Tax. Once you indicate 4 , it will disqualify you from the AOC. Most likely, the Lifetime Learning Credit will be taken in its place.

https://www.irs.gov/individuals/education-credits-questions-and-answers

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ChristinaS
Expert Alumni

Can I re-use the American Opportunity Tax Credit again, used it for four years it give me the best refund . I am still a student received 1098 T ?

No. You can not take the American Opportunity for more than 4 years, regardless of how long you attend school. This is a firm basic of this tax credit.

You will be asked to confirm how many years you have taken the AOC when using Turbo Tax. Once you indicate 4 , it will disqualify you from the AOC. Most likely, the Lifetime Learning Credit will be taken in its place.

https://www.irs.gov/individuals/education-credits-questions-and-answers

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