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+--- Thread: Best News Ever! American Opportunity Tax Credit Extended Until 2012!!!! (/Thread-Best-News-Ever-American-Opportunity-Tax-Credit-Extended-Until-2012)
Best News Ever! American Opportunity Tax Credit Extended Until 2012!!!! - Maniac Craniac - 12-22-2010
The American Opportunity Tax Credit has now been officially extended until the year 2012. This means, for me, that I will actually be able to afford my degree, even if I can't get any financial aid. I hope everyone on this board who is working on their first bachelor's degree is familiar with these tax credits. If not, read up on it ASAP, take advantage of the time remaining in 2010 to use this credit, then try to use it to the full for 2011 and 2012!!!
For more information:
IRS P970 .PDF
About.com - Taxes - American Opportunity Tax Credit
Obama Addressing the Press
Best News Ever! American Opportunity Tax Credit Extended Until 2012!!!! - alleycat - 12-22-2010
Great news!
I used the credit last year and will be using it again this year. We have alot of educational expenses in our home. Thanks again!