Question

Which of the following expenses is allowed for the american opportunity tax credit?

O student health fees.
O room and board.
O non-credit courses.
O lab fees for science class.

Answer 1

Lab fees for a science class are eligible for the American Opportunity Tax Credit, as they are directly related to academic instruction and considered a qualifying educational expense.

Step-by-step explanation:

The student has asked which expense is eligible for the American Opportunity Tax Credit (AOTC). Among the provided options, lab fees for a science class are considered a qualifying expense. The AOTC allows eligible students to claim certain education expenses, including tuition, enrollment fees, and course materials needed for a student’s studies such as books, supplies, and equipment.

These must be paid to the institution as a condition of enrollment or attendance. Therefore, room and board, health fees, and non-credit courses are generally not eligible expenses for the AOTC, as they do not directly relate to academic instruction.