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Foster Youth Resources

American Opportunity Tax Credit

American Opportunity Tax Credit is a credit for qualified education expenses paid or an eligible student for the first four years of higher education. You can get a maximum annual credit of $2500 per eligible student. If the credit brings the amount of tax you owe to zero, you can have 40 percent of any remaining amount of the credit (up to $1,000) refunded to you.

THIS WAS COPIED FROM THE IRS.GOV WEBSITE