American Opportunity Credit. (No) Already claimed 4 years of credits. This is what TT is saying but 2020 his 4th year in college. how do I fix this?

Forum|Forum|4 years ago
May 17, 2021
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TurboTax Deluxe Online

Hal_Al

Employee

Go through the education section again. Go through the entire education interview until you reach a screen titled "Your Education Expenses Summary". Click edit next to the student's name. That should take you to a screen “Here’s your Education Summary”. Click edit next to “Education Information”. You'll reach a screen asking how many times you claimed it before, Change it to something other than 4.

If you have used TT, in the past, TT will have picked up that number from previous year's returns, so be sure you're right.

fanfare

Employee

If you claimed AOC in the tax year of his first fall term, then you have used up your four credits.

xmasbaby0

Employee

You can get the AOC a TOTAL of four times for the student-----if you have used it four times it does not matter that this is the "4th year" of college.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**