Which statement about the education credit is true A- only four-year universities are elegible institutions for the lifetime credit B- An eligible individual for the lifetime learning credit cannot be enrolled part time C-An elegible individual for the American opportunity tax credit may have a felony drug conviction D-A portion of the American opportunity tax credit (AORC) is a refundable credit

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter9: Deductions: Employee And Self-employed-related Expenses
Section: Chapter Questions
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Which statement about the education credit is true

A- only four-year universities are elegible institutions for the lifetime credit

B- An eligible individual for the lifetime learning credit cannot be enrolled part time

C-An elegible individual for the American opportunity tax credit may have a felony drug conviction

D-A portion of the American opportunity tax credit (AORC) is a refundable credit

 

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