All of the following statements are true, except: a. The American Opportunity Tax Credit is only available

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All of the following statements are true, except:

a. The American Opportunity Tax Credit is only available for the first four years of post-secondary education.

b. The Lifetime Learning Credit is only available for the first two years of post-secondary education.

c. The American Opportunity Tax Credit is awarded on a per student basis.

d. The Lifetime Learning Credit is awarded on a per family basis.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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