I am currently paying a student loan for my self and my dependent is in college and I am paying tuition costs for her. How do I not qualify for the college credit?
I am currently paying a student loan for my self and my dependent is in college and I am paying tuition costs for her. How do I not qualify for the college credit?
It is possible that your income is making you ineligible to claim one of the education credits. There are income limits associated with both the American Opportunity Tax Credit and the Lifetime Learning Credit.
Take a look at the following TurboTax article for more details about the qualifications for these credits. There is a visual table in the article that shows the income limits for each one.