Enrolled Agent Certification Exam Questions and CORRECT Answers

American Opportunity Credit - a credit for qualified education expenses paid for an eligible student for the first four years of higher education. You can get a maximum annual credit of $2,500 per eligible student. Eligible Student - 1. Not claimed an AOC in any four earlier tax years 2. Had not completed the first four years of postsecondary education before 2011 3. Student was enrolled at least half-time in a program leading to a degree for at least one academic period beginning in 2011; 4. Student had not been convicted of any federal or state felony for possessing or distributing a controlled substance as of the end of 2011. Which of the following statements is correct regarding Form 1095A, Health Insurance Marketplace Statement?