turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I input paying for both undergraduate and graduate tuition in one year? After graduating with a Bachelors degree in May, I started my graduate degree in August.

 
Connect with an expert
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.

2 Replies
AmyC
Expert Alumni

How do I input paying for both undergraduate and graduate tuition in one year? After graduating with a Bachelors degree in May, I started my graduate degree in August.

Just enter the 1098-T information. Since undergrad and grad are in the same tax year, both qualify for all education credits so enter them like always. 

 

Next year, you will select graduate school and only qualify for the Lifetime Learning Credit.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Hal_Al
Level 15

How do I input paying for both undergraduate and graduate tuition in one year? After graduating with a Bachelors degree in May, I started my graduate degree in August.

Both the graduate and undergrad expenses will count for the more generous  American Opportunity Credit (AOTC), if you and/or you parents have not already claimed it a total of four times, between you.  Since graduation year is usually fifth calendar year of an undergrad career, it's very likely you will not qualify.  In that case, both the graduate and undergrad expenses will count for the Lifetime Learning Credit (LLC). 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies