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February 11, 2022
Question

I am a Maine resident, does Turbo Tax support the Educational Opportunity tax credit for Maine residents

  • February 11, 2022
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February 11, 2022

Yes, look for the screen below in the Maine Tax section.  This Tax Credit is for qualifying Maine residents who are making eligible education loan payments directly to the lender on loans obtained to earn:
 * an undergraduate degree (associate or bachelor's) from an accredited Maine college or university prior to 2016;
 * an associate or bachelor's degree after 2015 from an accredited Maine or non-Maine college or university;
 * a graduate degree after 2015 from an accredited Maine college or university and who, after graduation, live, work and pay taxes in Maine.