I got the kentucky tuition tax credit on my 2019 return but I didn't receive it on my 2020 return. I did my 1098 correctly. Are there reasons why you don't receive it?
I got the kentucky tuition tax credit on my 2019 return but I didn't receive it on my 2020 return. I did my 1098 correctly. Are there reasons why you don't receive it?
A credit equal to 25 percent of the amount of the federal American Opportunity Credit and the Lifetime Learning Credit is available. The credit applies only to undergraduate studies, phases out for higher incomes, applies to most higher education opportunities within Kentucky and may be carried forward for up to five years.
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