Multiple Choice
Which of the following statements is not true regarding the education credits?
A) The American opportunity tax credit is only available for the first two years of postsecondary education.
B) The lifetime learning credit is limited to $2,000 per taxpayer per year.
C) The American opportunity tax credit is limited to $2,500 per student per year.
D) A taxpayer cannot receive the American opportunity tax credit if he/she has a felony drug conviction.
Correct Answer:
Verified
Correct Answer:
Verified
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