full time student in spring, part time in fall

[schirallicpa]

do I check the at least a half-time student box?  makes a difference on American opp credit.  I haven't run into this before. 

[jklcpa]

Yes. 

See this from sec 25A(b)(2)(B) and 25A(b)(3) for the Hope credit. Further into that section 25A, the parts that modify the original Hope credit and turned it into the current AOC refer back to the original sections for the Hope rules :

Quote

25A(b)(2)(B):

(B) Credit allowed for year only if individual is at least ½ time student for portion of year

The Hope Scholarship Credit under subsection (a)(1) shall not be allowed for a taxable year with respect to the qualified tuition and related expenses of an individual unless such individual is an eligible student for at least one academic period which begins during such year.

Quote

25A(b)(3):

(3) Eligible student  For purposes of this subsection, the term “eligible student” means, with respect to any academic period, a student who—

(A) meets the requirements of section 484(a)(1) of the Higher Education Act of 1965 (20 U.S.C. 1091(a)(1)), as in effect on the date of the enactment of this section, and

(B) is carrying at least ½ the normal full-time work load for the course of study the student is pursuing.

 

[schirallicpa]

your awesome.  I think I knew this.  getting tired.........