§25A. American Opportunity and Lifetime Learning credits — Inbound Citations
26 U.S.C. § 25A
Cited by 19 provisions in release 119-102.
Citations to 26 U.S.C. § 25A as a whole
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(2) Notwithstanding paragraph (1), a tax credit taken under section 25A of title 26, or a distribution that is not includable in gross income under section 529 of such title, under another prepaid tuition plan offered by a State, or under a Coverdell education savings account under section 530 of such title, shall not be treated as other financial assistance for purposes of section 1087kk(a)(3)1 of this title.
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(A) the amount of such expenses which are taken into account in determining the credit allowed to the taxpayer or any other person under section 25A with respect to such expenses; and
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(e) For purposes of this section, the terms “eligible educational institution” and “qualified tuition and related expenses” have the meanings given such terms by section 25A (without regard to subsection (g)(2) thereof), and except as provided in regulations, the term “qualified education loan” has the meaning given such term by section 221(d)(1).
Citations to §25A(a)
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(1) an amount equal to the education credits described in paragraphs (1) and (2) of section 25A(a) of title 26;
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(v) Information on education tax benefits described in paragraphs (1) and (2) of section 25A(a) of title 26 or other applicable education tax benefits determined in consultation with the Secretary of the Treasury.
Citations to §25A(a)(1)
Citations to §25A(b)(3)
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(C) For purposes of this paragraph, the term “specified student” means, with respect to any taxable year, an individual who is an eligible student (as defined in section 25A(b)(3)) during at least 5 calendar months during the taxable year.
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(3) The term “eligible student” has the meaning given such term by section 25A(b)(3).
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(i) In the case of an individual who is an eligible student (as defined in section 25A(b)(3)) for any academic period, such term shall also include reasonable costs for such period (as determined under the qualified tuition program) incurred by the designated beneficiary for room and board while attending such institution. For purposes of subsection (b)(6), a designated beneficiary shall be treated as meeting the requirements of this clause.
Citations to §25A(b)(4)(A)
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(Q) an omission of information required by section 25A(b)(4)(B) or an entry on the return claiming the American Opportunity Tax Credit for a taxable year for which such credit is disallowed under section 25A(b)(4)(A),
Citations to §25A(b)(4)(B)
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(Q) an omission of information required by section 25A(b)(4)(B) or an entry on the return claiming the American Opportunity Tax Credit for a taxable year for which such credit is disallowed under section 25A(b)(4)(A),
Citations to §25A(f)(2)
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(2) The term “qualified higher education expenses” means the cost of attendance (as defined in section 472 of the Higher Education Act of 1965, 20 U.S.C. 1087ll, as in effect on the day before the date of the enactment of the Taxpayer Relief Act of 1997) at an eligible educational institution, reduced by the sum of—(A) the amount excluded from gross income under section 127, 135, 529, or 530 by reason of such expenses, and(B) the amount of any scholarship, allowance, or payment described in section 25A(g)(2).For purposes of the preceding sentence, the term “eligible educational institution” has the same meaning given such term by section 25A(f)(2), except that such term shall also include an institution conducting an internship or residency program leading to a degree or certificate awarded by an institution of higher education, a hospital, or a health care facility which offers postgraduate training.
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(c) For purposes of this subchapter, the term “applicable educational institution” means an eligible educational institution (as defined in section 25A(f)(2))—(1) which had at least 3,000 tuition-paying students during the preceding taxable year,(2) more than 50 percent of the tuition-paying students of which are located in the United States,(3) the student adjusted endowment of which is at least $500,000, and(4) which is not described in the first sentence of section 511(a)(2)(B) (relating to State colleges and universities).
Citations to §25A(g)(1)
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(J) an omission of a correct social security number or employer identification number required under section 25A(g)(1) (relating to higher education tuition and related expenses) to be included on a return,
Citations to §25A(g)(2)
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(B) The amount of qualified higher education expenses for any taxable year shall be reduced as provided in section 25A(g)(2).
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(B) the amount of any scholarship, allowance, or payment described in section 25A(g)(2).
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(I) as provided in section 25A(g)(2), and
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(I) as provided in section 25A(g)(2), and
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(iii) made on account of a scholarship, allowance, or payment described in section 25A(g)(2) received by the designated beneficiary to the extent the amount of the payment or distribution does not exceed the amount of the scholarship, allowance, or payment,