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.

lemman10
New Member

American opportunity tax credit

I just realized after I filed that I used the American opportunity credit 4 times already. Will the IRS catch that or not and if the do will they automatically change it to lifetime credit? There is a $500 difference and I apparently cannot file amended until it is processed.

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.

1 Reply
Hal_Al
Level 15

American opportunity tax credit

Q. Will the IRS catch that and if the do will they automatically change it to lifetime credit? 

A. Probably not. At least not now.  They will eventually catch it, down the road. 

 

So, just wait for your 1st return to be processed. Then, file the amended return.  You are eligible for the Lifetime Learning Credit instead of the  American opportunity tax credit. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question