american opportunity tax credit question

Lets say I havent attended college since 04. Im planning on going back via distance learning this summer. I did attend for a full 4 years. After googling and reading about it, i would qualify by my income, but read it only covers the first 4 years of post secondary education. Does that mean it only pays for 4 years, or if you attended college for 4 years, your sol for that tax credit?

Thanks,

and this forum has a lot of really good info on it!

 

For a qualified response or legal advice to your inquiry; I would recommend conferring with a tax professional (e.g., CPA, EA, or attorney specializing in taxation).

 

Kiplinger Personal Finance Contributing Editor Kim Lankford was asked this very question. Here is her response: