The American Opportunity tax credit

A. Is available for years of post-secondary education

B. Is fully refundable een if the credit exceeds tha tax liability

C. Is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents

D. Is 50 percent of the first $1,200 of tuition and fees paid and 100 percent of the next $1,200