🏫 College Advising

Which federal education tax credit requires the student to be pursuing a degree or other recognized educational credential and allows up to 4 years of credit?

A Lifetime Learning Credit
B American Opportunity Tax Credit (AOTC)
C Education Savings Bond Program exclusion
D Student Loan Interest Deduction

✓ Correct Answer: Option B

The American Opportunity Tax Credit (AOTC) is for eligible students pursuing a degree or credential during their first four years of higher education, with specific enrollment requirements.

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