American opportunity tax credit


A tax credit established in the American Recovery and Reinvestment Act of 2009. The credit applies to undergraduate college expenses. Currently it provides up to $2,500 in tax credits on the first $4,000 of qualifying expenses.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
American Municipal Bond Assurance Corporation American option