FAFSA - American Opportunity Credit question

Paying for College
1

<p>I saw a question where the answer was apparently at odds with the question. It asked , regarding the parents' tax forms, did you take the American Opportunity Credit?</p>

<p>I did take this credit and so I clicked the checkbox. But then this produced a sub - question that said to put the amount on line 31 of 1040a . In my taxes , the Tax Act tool for whatever reason, put zero on line 31 , but put 1,000 on the American Opp credit on some line further done, 40 something (I dont have the form with me at the moment). I think this was due to a zero tax liability possibly.</p>

<p>I hope this apparent contradiction does not prompt a verification when the basic q and a are at odds and not my response. </p>

<p>Is there a real contradiction in this question?</p>

2

<p>The amount on line 31 is removed from the EFC formula. The amount further down is not (that is the refundable amount). You are fine … it isn’t going to mess anything up.</p>

3

<p>so my response will be </p>

<p>yes, I took the credit.</p>

<p>–for a zero amount.</p>

<p>and this is ok?</p>

4

<p>Just put the amount they are requesting on the form. If line 31 is 0, put 0.</p>