Montana Ranches for Sale. Ranch Real Estate in Montana. Trust Live Water Properties to list ranches for sale in Montana that suit every sporting passion. Ranch real estate in the beautiful state of Montana can be purchased near Big Sky, Bozeman, Livingston, Big Timber and Whitefish.
American Opportunity Credit. Generally, you can claim the American opportunity credit if: You pay qualified higher education expenses, You pay the education expenses for an eligible student, and. The eligible student is yourself, your spouse, or a dependent for whom you claim an exemption on your tax return.
Note: There are two 4-year tests for American Opportunity Credit. First, the credit can be taken only four tax years. Second, the student must not have completed four years of academic credit before the beginning of this tax year. Follow the examples in the Who is Eligible Student for the American Opportunity Credit section in Publication 970 for additional information. Comparison of Education Credits Who Can Claim the Credit?