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  • Feb 7, 2011, 02:01 PM
    taxchen
    American opportunity credit
    My daughter got $20,000 scholarship to cover her full tuition.she had another $500 local scholarship. She spent $1000 on textbook.She also have $2000 income for a job. My question is Should I deduct $500 from $1000,only use $500 to claim the credit,or I can combine $500 scholarship with $2000 income as her total income?

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