Can you claim the American Opportunity Tax Credit (AOTC) or Lifetime Learning Credit (LLC) for tuition expenses? If eligible, you may secure a last-minute tax break for 2024 if you pay these expenses by December 31. This is true even if the academic period begins in 2025, but no later than the end of March 2025. There are income limits and other requirements to qualify for a credit. Both credits are for tuition and required fees and don’t include costs such as room and board, insurance, and optional student fees. To learn more about the AOTC and LLC: https://bit.ly/3yIl73N. Contact us with any questions. © 2024