What is the maximum amount of tax years a student may claim the lifetime learning credit? Two years. Four years. Five years. An unlimited number of tax years.
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This credit is not limited by the number of years it can be claimed. Show more…
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Andre (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC). His parents will claim him as a dependent on their jointly filed 2019 return. Their adjusted gross income is $120,000, and they paid $13,000 for Andre's tuition during the year. What is the maximum AOTC Andre's parents may be eligible to receive?
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