Fill Form 2220 Credits 2022-2023

We talking about the American Opportunity Tax Credit to make the video a little easier to watch and to not leave out any important details I broke this video up into two parts I hope you enjoy let's get this going what's going on guys MK of MK chip here today we're going to be talking about taxes specifically education credits now there's two main types of education credits one is the American opportunities credit in two is the Lifetime Learning credit today specifically we're gonna be talking about the American opportunities credit only so stay tuned throughout today's videos I'll be showing a number of pictures and call them slides however you want to think of it but if it's going too fast any time just feel free to pause the video and you can read it look it over and then we can resume from there you know like I said in this video I'll just be focusing on the American Opportunity Credit I will be making another video at a later time to talk about the Lifetime Learning credit now the first question you might have your mind is we're gonna talk about credits how I know which ones better well let me just tell you straight up before we even going down this path if you have the choice between the American opportunities credit and the Lifetime Learning credit always take the American opportunities credit you will come out far better so you might be asking how long is this credit going to be around for well I can tell you this the path act of 2023 made the American opportunities credit permanent now one thing you have to consider is that when they say permanent when it comes to our Congress it might not mean...