Planning ahead: American Opportunity or Hope Credit?

<p>The Hope Credit is now called the American Opportunity Credit, so I’m not sure what your question is. You can find a lot of information on the IRS website (irs.gov) by typing your question into the search box. The AOC is for 2009 and 2010. I believe that the education credit(s) for 2011 have not yet been determined.</p>

<p>Here is a link to a Q&A:</p>

<p>[American</a> Opportunity Credit: Questions and Answers](<a href=“http://www.irs.gov/newsroom/article/0,,id=211309,00.html]American”>http://www.irs.gov/newsroom/article/0,,id=211309,00.html)</p>

<p>There would be no merit in not taking credit during 2010 - you’d be losing $$$.</p>