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ypsiCPA

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ypsiCPA

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Re: None

Wednesday, 09/30/2009 12:57:27 PM

Wednesday, September 30, 2009 12:57:27 PM

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American Opportunity Credit (2009 and 2010)

American Opportunity Credit is the successor to the Hope Credit. It can be claimed for four years, and course materials (ie those expensive books) qualify as expenses.

Credit can be refundable.

http://www.irs.gov/newsroom/article/0,,id=211309,00.html
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