MANUEL VELAZQUEZ-RODRIGUEZ and MIGUEL SANCHEZ-ACEVEDO are each charged in indictments with illegal re-entry to the United States, a violation of 8 U.S.C. Â§ 1326. The maximum penalty each could receive, depending on their prior criminal history, is two to 20 yearsâ imprisonment.
The income limit to receive the American Opportunity Tax Credit is  $180,000 when filing jointly or $90,000 if you are single, head of household, or a qualifying widower.
Experts point to the American Opportunity Tax Credit as the most valuable credit, which is worth up to $2,500 per child. This credit is dollar-for-dollar for the first $2,000 of a student's expenses, and then 25 percent of the next $2,000, Flores says. The American Opportunity Tax Credit is more generous, especially if you have a couple of kids in the first four years of college.