Can my daughter who earned $11K in wages last year and who is a full time student with education expenses of $43K qualify for the Lifetime Learning credit?

lorilanham · ‎June 5, 2019

Hal_Al · ‎June 5, 2019

No, for two reasons.

1. The Lifetime Learning credit (LLC) is a non refundable credit. That is, it can only be used to reduce your tax liability. With only $11,000 of income, you daughter will have no tax liability.

2. If she qualifies to be your dependent, she is ineligible to claim a tuition credit.

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Hal_Al · ‎June 5, 2019

No, for two reasons.

1. The Lifetime Learning credit (LLC) is a non refundable credit. That is, it can only be used to reduce your tax liability. With only $11,000 of income, you daughter will have no tax liability.

2. If she qualifies to be your dependent, she is ineligible to claim a tuition credit.

Can my daughter who earned $11K in wages last year and who is a full time student with education expenses of $43K qualify for the Lifetime Learning credit?