Lower Columbia College | Tax Credit

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American Opportunity Tax Credit (formerly Hope Credit)

Contact Us
American Opportunity Tax Credit Phone Line
Students who have questions can call LCC's American Opportunity Tax Credit phone line at 360.442.2920 to leave a message with any questions. Calls are returned the next business day. (January 19-April 16, 2015).

Lower Columbia College students and families who had tuition and other college-related expenses in 2014 may be eligible to claim the American Opportunity Tax Credit when they prepare their federal  income tax returns this year.

Form 1098T will be mailed to qualified LCC students in January 2015.

IRS Tax Notice

American Opportunity replaces a similar tax credit provision called the Hope credit. The new credit of up $2,500 for tuition and eligible college expenses is higher than under the Hope provision. In addition, tax filers may now claim  expenses incurred during the first four years of their postsecondary education rather than only the first two.

Depending on individual circumstances, the American Opportunity Tax Credit may not be the most advantageous tax option for all families with higher education expenses.