Solved: Form 8863 American Opportunity credit - I'm told that if at the end of 2016 the taxpayer was 19-23, a full time student and their earned income is less then half of their support you don't qualify but I don't see that TTax asks about support?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Form 8863 American Opportunity credit - I'm told that if at the end of 2016 the taxpayer was 19-23, a full time student and their earned income is less then half of their support you don't qualify but I don't see that TTax asks about support?

 
1 Best answer

Accepted Solutions
New Member

Form 8863 American Opportunity credit - I'm told that if at the end of 2016 the taxpayer was 19-23, a full time student and their earned income is less then half of their support you don't qualify but I don't see that TTax asks about support?

What you have just cited are among the five tests for whether a parent can claim a child as a dependent. If the student is being claimed as a dependent, the student cannot claim the American Opportunity Tax Credit or the Lifetime Learning Credit. There is a question in the TurboTax educational expenses interview that asks if you are being claimed as someone's dependent.

If the student is not being claimed as a dependent, and meets all other tests for the credit, the student may certainly claim the AOTC.

For more information, please refer to IRS Education Benefits Comparison Chart.

View solution in original post

1 Reply
New Member

Form 8863 American Opportunity credit - I'm told that if at the end of 2016 the taxpayer was 19-23, a full time student and their earned income is less then half of their support you don't qualify but I don't see that TTax asks about support?

What you have just cited are among the five tests for whether a parent can claim a child as a dependent. If the student is being claimed as a dependent, the student cannot claim the American Opportunity Tax Credit or the Lifetime Learning Credit. There is a question in the TurboTax educational expenses interview that asks if you are being claimed as someone's dependent.

If the student is not being claimed as a dependent, and meets all other tests for the credit, the student may certainly claim the AOTC.

For more information, please refer to IRS Education Benefits Comparison Chart.

View solution in original post

Dynamic Ads
v
Privacy Settings