turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

After I finished my 1080 t for school I didn’t get any money back and I got a pop up saying there is a pending law happening in the U.S. Will I be able to receive it back

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

After I finished my 1080 t for school I didn’t get any money back and I got a pop up saying there is a pending law happening in the U.S. Will I be able to receive it back

What does the Whole pop-up say?
Hal_Al
Level 15

After I finished my 1080 t for school I didn’t get any money back and I got a pop up saying there is a pending law happening in the U.S. Will I be able to receive it back

No.

The pending change is unlikely to happen or be applicable to 2018 returns.  More importantly, if you didn't qualify for the available Tuition credit, the pending deduction is unlikely to help you either.

It appears that you're expecting some sort of refundable credit. The pending tax break does not give you any money, it only helps reduce your tax bill.

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A student, under age 24, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else.


Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question