Review The Pingry School. Pingry is an academically rigorous high school in Martinsville, New Jersey. With a 100% graduation rate, 100% of students going to a four year college, and over a third of the graduating class attending Ivy League schools, Pingry has built a strong reputation for itself.
American Opportunity Tax Credit is 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.
Jack and Kay, their daughter, and the local university meet all of the requirements for the American opportunity credit. Jack and Kay can claim a $2,500 American opportunity credit in 2014. This is 100% of the first $2,000 of qualified education expenses, plus 25% of the next $2,000.