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Level 2
April 5, 2023
Question

Amending a prior year to maximize the american opportunity credit

  • April 5, 2023
  • 1 reply
  • 17 views

I want to ammend a 2020 return  because the american opportuniy credit was only 169 and take the lifetime learning credit for that year. Then I could take the american opportunity credit on the 2022 return because that way I would not have used up my 4th year of that credit

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1 reply

Level 15
April 5, 2023

Okay.

Do you have a question?

Lori11Author
Level 2
April 5, 2023

Just confirming that swapping out a year for the credit is acceptable

Level 15
April 5, 2023

Yep.