Skip to main content
February 12, 2023
Solved

Is an MBA considered a Graduate Degree? Google says it's classified as a Professional Degree. Turbo Tax: "Working on an Associate, Bachelor's, or Graduate Degree?".

  • February 12, 2023
  • 1 reply
  • 0 views
What else would I be working on going to college?
Best answer by xmasbaby0

Yes, an MBA is a graduate degree.  What are you trying to do? Are you answering questions about educaiton credits? You are not eligible for the American Opportunity Credit if you are working on a master's degree, but you may be able to get the Lifetime Learning Credit.

 

 

 

https://ttlc.intuit.com/community/credits-and-deductions/help/what-expenses-qualify-for-the-lifetime-learning-credit/00/26844

 

https://ttlc.intuit.com/questions/3262984-who-is-eligible-for-the-lifetime-learning-credit

1 reply

xmasbaby0Answer
Employee
February 12, 2023

Yes, an MBA is a graduate degree.  What are you trying to do? Are you answering questions about educaiton credits? You are not eligible for the American Opportunity Credit if you are working on a master's degree, but you may be able to get the Lifetime Learning Credit.

 

 

 

https://ttlc.intuit.com/community/credits-and-deductions/help/what-expenses-qualify-for-the-lifetime-learning-credit/00/26844

 

https://ttlc.intuit.com/questions/3262984-who-is-eligible-for-the-lifetime-learning-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.**
Slo6Author
February 13, 2023

Thanks.   I was just exploring deductions and stumbled onto the question above and it just struck me as odd the way it was asking what type of degree - like there was a set of types I wasn't aware of.   I guess some people go to college without seeking a degree.  Maybe a certificate program or just auditing classes for fun.