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):

Education, Higher.

Federal aid to higher education.

Income tax.

Universities and colleges.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2013

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:

CRS Report

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

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2014-GVF-0125

Access Restriction:

Restricted for use by site license