You need to show your income for a credit card claim

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american opportunity tax credit

This income must be more than approximately $80,000. and must not be less than $90,000

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If the credit card is filed as head of household, it should be less than 160,000 for married people.

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The credit is calculated as 100% of the first $2,000 in qualifying expenses

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25% of the subsequent $2,000, for a total credit of $2,500 per student.

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These expenses include tuition fees and course books, other supplies and equipment for the course.

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American Institute of CPA Financial Literacy Commission member Jane Rubin, a CPA in St. Louis

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says it will also pay for university student fees.

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