PolicyForecast cell on a law-encoded policy parameter.

Refundable AOTC outlays, TY2026

What will federal refundable American Opportunity Tax Credit outlays be for tax year 2026, in nominal dollars?

current forecast · 80% CI$6.2B
$4.8B$6.2B$7.8B
history:TY2019: $5.6BTY2021: $5.9BTY2023: $5.8BTY2025e: $6B

static prototype estimate · seeded forecast value

Key drivers

  • College enrollment
  • Tuition and qualified expenses
  • Refundability cap
  • Income phase-outs

Resolution

source
IRS Statistics of Income and Treasury tax expenditure tables
expected
August 31, 2028
rule
Resolves to refundable American Opportunity Tax Credit outlays for TY2026, in billions of nominal dollars, using the first official IRS SOI or Treasury table that separately identifies the refundable AOTC amount.
Policy parameter
gov.irs.credits.education.american_opportunity.refundable

Analyst agent · reasoning trace

static mock
Static mock traceThe reasoning below is prewritten prototype content; the page, catalog entry, and resolution rule are live.
analyst agent streaming

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policyengine.simulatequeued
irs.lookupqueued

The route, resolution rule, and catalog entry are live. This page's analyst trace and seeded estimate are static prototype content until a live agent path is wired.

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