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Buffalochip
Level 2

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

This year I cannot claim my son as a dependent due to his income so he can claim either the lifetime learning credit or the American Opportunity credit. The American Opportunity credit is worth more this year than the lifetime learning credit.  

I cannot claim the lifetime learning credit due to income even if I claimed my son as a dependent.  In 2019, the American Opportunity credit will be worth more than it is worth this year and it will be the 4th year of eligibility.

I want to override Turbo Taxes election of the American opportunity credit and I want to select the lifetime learning credit.

How do I do that?

1 Best answer

Accepted Solutions
KatrinaB
Intuit Alumni

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

If you are not claiming your son as a dependent this year, then you do not qualify to claim his education expenses. You should not list him on your tax return either.


If you would like to override claiming the American Opportunity credit and claim the Lifetime Learning credit on your son's tax return, then follow the directions provided by TurboTax LindaA below.


https://ttlc.intuit.com/replies/5778356



In the directions above click on Tax Tools in the left-side menu instead of My Account.


[Edited 02/19/2019 I 9:47 PM]



View solution in original post

4 Replies
KatrinaB
Intuit Alumni

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

If you are not claiming your son as a dependent this year, then you do not qualify to claim his education expenses. You should not list him on your tax return either.


If you would like to override claiming the American Opportunity credit and claim the Lifetime Learning credit on your son's tax return, then follow the directions provided by TurboTax LindaA below.


https://ttlc.intuit.com/replies/5778356



In the directions above click on Tax Tools in the left-side menu instead of My Account.


[Edited 02/19/2019 I 9:47 PM]



KatrinaB
Intuit Alumni

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

I have edited the answer above.
lopehillsboro
New Member

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

How do I make this change if I have TurboTax installed on my PC?
lz305r
New Member

American opportunity credit and lifetime learning credit: How do I do override TuirboTaxes selection of the American Opportunity credit?

How do I make this same change if I'm trying to amend my 2015 tax return using TurboTax 2015 installed on my PC?

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