American Opportunity Tax Credit! What is this and how do I find out more?
Unlock College Savings with the American Opportunity Tax Credit!
Wondering how to make college more affordable? The American Opportunity Tax Credit (AOTC) can help! This tax credit offers up to $2,500 each year to cover qualified tuition, fees, and course materials for the first four years of college.
Key things to know:
- Partially refundable: Even if you don't owe enough taxes to use the full credit, you may still get a refund for a portion of it.
- Track your expenses: Keep detailed records of your eligible expenses to claim the credit.
- Learn more: Visit our American Opportunity Tax Credit webpage for all the details and eligibility requirements.