Question

Who can claim the american opportunity credit?

a. dana can claim the credit because tom is her dependent.
b. tom can claim the credit because he is a student.
c. tom and dana can decide who should claim the credit.
d. neither dana nor tom can claim the american opportunity credit?

Answer 1

The American Opportunity Credit is available to the actual student and not those who have a dependent in higher education. As such assuming Tom met the other requirements he could claim the American Opportunity Credit because he is the actual student not Dana.