Posted on February 23, 2011

Are you eligible for the American Opportunity Credit in 2011?

Last year, numerous eligible families in United States did not file for the American Opportunity Credit (AOTC), leaving billions of dollars in unclaimed college tuition credits.

The American Opportunity Credit provides a tax credit of up to $2,500 per qualified student to higher education expenses. Make sure to ask about this overlooked educational benefit when filing your 2011 taxes.

To read more about whether you are eligible to receive the AOTC credit, view the IRS Publication 970.