I hit my $2000 Lifetime learning credit for FY2016.
However for FY 2015. I did not claim Lifetime learning credit as i did not have sufficient tax withheld?
Can i carryover my lifetime learning credit from 2015 as I had paid over $10,000 of tuition.
011426
1 Replies
ThomasM
New Member
May 31, 2019 8:22:58 PM
The IRS does not permit any carryover of education credits. The education expenses paid in a given year can only be applied to an education credit on that particular year's tax return.