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April 15, 2024
Question

Why Turbotax saying I am not eligible for Lifetime Learning Credit? The explanation it is giving me does not apply to my situation

  • April 15, 2024
  • 1 reply
  • 0 views
I should qualify for Lifetime Learning Credit

1 reply

Hal_Al
Employee
April 15, 2024

If you are eligible, you have answered  something wrong, in the interview. But, a lot of people are just not eligible. 

see this TT FAQ https://ttlc.intuit.com/questions/3383321-why-didn-t-i-get-a-credit-or-deduction-for-education-expen...

See Also:

 https://www.irs.gov/individuals/llc

 

The LLC is a non refundable credit.  That is, it can only reduce an actual tax liability. It is not added to your refund, like part of the American Opportunity Credit is.