Education credit

Forum|Forum|6 years ago
March 12, 2020
3 replies
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I paid over $50k in tuition fee for my son in 2019. He is in medical college. Education credit calculated by turbotax is '0' for 2019. Is this correct?

xmasbaby0

Employee

Did you claim your son as a dependent?

https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit

**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.**

NCPERSON1

Also, if you took AOTC during his 4 years of college, he wouldn't be eligible for that in medical school.

Hal_Al

Employee

In order to claim the tuition credit or deduction, the student must qualify as your dependent. Grad students are not eligible for the more generous AOTC, but can still get the Lifetime learning credit or Tuition and Fees deduction.

There are income limits for both.

https://www.irs.gov/individuals/llc

https://www.businessinsider.com/personal-finance/is-college-tuition-tax-deductible