Ben and Lucy file a joint tax return. Their dependent, Amanda, was enrolled full time in college in 2026 and dropped out of college in 2027. Ben and Lucy obtained a personal loan in 2025 and used the proceeds to pay for tuition and related fees in 2026. The loan was repaid in 2027.
Which year will they be entitled to claim an education credit?
![A]()
|
2026 |
![B]()
|
2027 |
