Additionally, you must receive Internal Revenue Service (IRS) Form 1098-T from an eligible ... situation to determine which tax credit provides the greater benefit. You can claim the AOTC and ...
Please reference IRS Publication 970 Tax Benefits for Education (pdf ... The information contained in the 1098-T will help you determine if you may claim various tax credits and/or deductions for ...
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The $2,500 Annual Tax Credit: who is eligible for the AOTC?The American Opportunity Tax Credit (AOTC) is a tax benefit that helps reduce the cost ... by the end of the tax year. Receive Form 1098-T. Educational institutions send this form before January ...
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