Tag: 'american opportunity credit (aoc)'
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From the community
Qualify for AOTC, but cannot claim in Turbotax.
I have received the AOTC for the past two years (2016, 2017). Next year will be my last year as a college...
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From the community
I have a son attending college. I need help understanding how to his funds so that he can qualify for the American Opportunity Credit (AOC).
I have a son attending college. I have verified that he meets the requirements to be claimed as my...
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From the community
Have a Non-US masters degree and now working towards a certification from accredited University in US. Eligible for AOTC ?
Me and my spouse are Resident Aliens for US tax purposes. My wife has a Bachelors and Masters degree from...
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From the community
TurboTax will not let me enter info in Expenses and Scholarships (Form 1098-T) to get the American Opportunity Tax Credit. I meet qualifications. Ideas?
I entered a 1099-Q Form for Qualified Education Programs. Now, program says I don't qualify for the...
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From the community
Can I claim the american opportunity tax credit by reporting box 5 of 1098T as blank and instead reporting it in Misc Income?
I received a 1098T where my scholarships / grants in Box 5 exceed eligible deductions. In order to qualify...
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From the community
Unable to claim American Opportunity Tax Credit for an eligible foreign university
I am unable to claim American Opportunity Tax Credit for an eligible foreign university. I am studying...
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From the community
Why isn't turbo tax using all of my qualified educational deductions -$4000 used for the American Opportunity Credit before determining the taxable amount of my 1099Q?
For College Expenses, we list- Tuition 4,054, Books and Materials 1,853, Room and Board 3,741 ...
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From the community
Calculating AOTC eligible expenses: Student took a summer course at local CC then went full time in fall. Are both tuition expenses (2 1098-T forms received) eligible?
In summer, 2018, my son took a college class at a local community college, for which he received a 1098-T....
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From the community
Have I earned four years of college credit before 2018?
I graduated in May 2018. I have never taken the American Opportunity Tax Credit because my parents have...
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From the community
Can I claim the American Opportunity Tax Credit by listing scholarship money as income if the scholarship is greater than my qualified educational expenses by $4000?
While reading the 2016 version of IRS form 970 regarding eligibility for the AOTC, they note that you can...