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paul-durham
February 21, 2021
Question

Is there an annual income threshold above which I can't claim credit for dependents' educational expenses?

  • February 21, 2021
  • 1 reply
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xmasbaby0
Employee
February 21, 2021

Yes there are limits to the amount of income for claiming education credits.

 

https://ttlc.intuit.com/questions/1901526-what-s-the-income-limit-for-education-tax-

 

https://ttlc.intuit.com/questions/3383321-why-didn-t-i-get-a-credit-or-deduction-for-education-expenses

 

 

https://ttlc.intuit.com/questions/1901526-what-s-the-income-limit-for-the-american-opportunity-and-lifetime-learning-credits

**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.**
Hal_Al
Hal_Al
Employee
February 21, 2021

There is a third tax break,  a deduction, rather than a credit.  It's included in the above links, but east to miss.

https://ttlc.intuit.com/community/credits-and-deductions/help/what-is-the-tuition-and-fees-deduction/00/26134

 

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