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Whitch of the following statements best describes why a taxpayer might claim the lifetime learning credit instead of the American opportunity tax credit ( AOTC)
Whitch of the following statements best describes why a taxpayer might claim the lifetime learning credit instead of the American opportunity tax credit ( AOTC) on their return?
The taxpayer is claiming the AOTC for the same dependent on their return.
The lifetime learning credit is partially refundable
The tax payer is taking graduate level courses
The taxpayer already claimed the AOTC on two prior year refunds
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