Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist ...

Available for four years of higher education, the AOTC provides up to $2,500 in relief for qualified education expenses—these include tuition, fees, and other mandatory items like books or lab ...

Taxpayers may claim QHEEs for reimbursement under the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC). The AOTC is capped at $2,500 per student, while the Lifetime ...

For example, the American Opportunity Tax Credit (AOTC) is worth up to $2,500, but only $1,000 of this education tax credit is refundable. So, if your tax bill is zero before the AOTC is applied ...

American Opportunity Tax Credit (AOTC) Maximum credit of $1,500 per undergraduate student for four years of education.The amount of the credit is 100 percent of the first $2,000 of qualified ...