• You must be an undergraduate student payday loans without bank account in Plymouth at the time you paid for educational expenses.

Lifetime Learning Credit (LLC)

If you do not qualify for the AOTC, you may qualify for the LLC; however, if you qualify for both, you can only choose one of these college tax credits. More people qualify for the LLC, so it may work better for your circumstances.

The AOTC is most often claimed by parents with dependent college students, while the LLC is more often claimed by independent students, especially those furthering their higher education with certifications, doctoral studies, or other post-baccalaureate forms of education. Lees verder →