Internal Revenue Service United States Department of the Treasury
Module 10: Education Credits

Page 4 of 11


The American Opportunity Credit

The American Opportunity Credit allows taxpayers to claim a credit of up to $2,500 based on qualified tuition and related expenses paid for each eligible student. To be eligible for the credit, the student must be:

  • Enrolled in a program that leads to a degree, certificate or other recognized educational credential
  • Taking at least one-half of the required workload for the course of study for at least one academic period beginning during the calendar year
  • Enrolled in the first four years of postsecondary education
  • Free of any felony conviction for possessing or distributing a controlled substance

Forty percent of the credit will now be refundable.


Tax Tutorial
Close Window