Sentences with phrase «modified education tax credit»

The American Opportunity Tax Credit (AOTC) Under the American Recovery and Reinvestment Act (ARRA), the IRS modified the education tax credit formerly known as the Hope Scholarship Credit for tax years 2009 and 2010, and created the American Opportunity Tax Credit (AOTC).

The Senate's proposed budget would increase school aid by $ 1.9 billion and includes a modified Education Tax Credit but not the Dream Act.