american oppurtunity tax credit question

daistheputridone
Sat, 26 Feb 2011 21:57:33 +0000

long time since i last frequented these forums, but i couldnt thing of a much better place to inquire so here goes

has anyone managed to get a substantial amount or anything back from this at all

i ended up paying about 700-800 out of pocket during the year and excpected to get at least a small percantage of it back, since its my understanding that you get 100% of the first 2000, and 25% of the 2000 after that, but i got absolutely nothing, so there must be a requisite or a threshold i was never aware of, my combined household income is slightly over 50,000, so it definately wasnt that

anyone have any insight to offer, itd be much appreciated