The American Opportunity Tax Credit : Overview, Analysis, and Policy Options.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Universities and colleges.

Education, Higher.

Income tax.

Federal aid to higher education.

Physical Description:

1 online resource (1 online resource (27 p), digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2013.

System Details:

text file

Summary:

Provides in-depth description of the American Opportunity Tax Credit (AOTC), which is a temporary tax provision that provides financial assistance to taxpayers whose children are attending college, or who are themselves attending college. Presents legislative history, highlighting evolution of education tax credits from proposals in the 1960s through recent extension of the AOTC at the end of 2012; and analyzes AOTC economic impact. Discusses who claims the credit, effect of education tax credits on increasing college attendance, and administrative issues. Presents various policy options in light of upcoming AOTC expiration.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. American Opportunity Tax Credit

Access Restriction:

Restricted for use by site license.