释义 |
American Opportunity Credit American Opportunity CreditA tax credit in the United States making a dollar-for-dollar reduction in the tax liability of a postsecondary student equivalent to 100% of tuition and education fees, up to $2,500. Up to 40% of the credit is a refundable tax credit. Certain income limits apply to a student's eligibility. It was instituted in 2009 and is scheduled to expire in 2012. |