Claiming AOTC credit with Pell Grant, scholarship and 529 …
Feb 21, 2025 · Claiming AOTC credit with Pell Grant, scholarship and 529 Distribution I need some help maximizing the AOTC credit, or reducing my tax liability. I used a mix of tax-free …
Can Dependant Child claim AOTC by filing separately as single
Mar 12, 2022 · Hello, Due to high income, AOTC cannot be claimed by parents who are filing jointly. So can my college going child file separately to claim the refundable $1000 AOTC in …
My daughter was full time for only one semester, can I claim …
Mar 22, 2025 · AOTC is limited to 4 years and you want to maximize those 4 years and be able to claim the full $4,000 of tuition paid - if possible. Your student qualifies unless convicted of a …
If I paid for my child's college expenses using a 529 plan ... - Intuit
May 31, 2019 · If all the college expenses were paid with withdrawals from a 529 Plan, it would be most advantageous to claim the AOTC using the first $4000 in expenses. This may leave you …
Am I eligible for AOTC and Recovery Rebate Credit
Jan 22, 2025 · Am I eligible for AOTC and Recovery Rebate Credit Hi all, I am currently a student at a 4-year institution and just found out about the AOTC Tax Credit. I just have a couple of …
Solved: As a student (Independent) I am eligible for the American ...
Feb 1, 2025 · Yes, if box 5 of the 1098-T exceeds box 1, you will not get the AOTC, unless you make some adjustments. * Furthermore, you are not necessarily eligible just because you …
What education tax credits are available? - Intuit
Dec 18, 2025 · Two available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either
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Solved: Question about American Opportunity Credit
Feb 18, 2025 · Yes, you can only claim AOTC for years you are an undergraduate and a maximum of 4 times is allowed. Because much of the credit reduces your tax liability, it is good …
Solved: How to generate an American Opportunity Tax Credit by
Mar 7, 2024 · Solved: Hello! I am again so confused in Turbo Tax with AOTC and 529 issues related to realizing the maximum Education Credit for my daughter. We have spent
AOTC - Filing as parent and student
Mar 29, 2025 · My personal tax filing claimed her as a dependent and included the 1098-T form for the tuition expenses, which calculated a $1,500 AOTC educational credit towards my filing.