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Yes. Students taking online courses with an accredited collge or university are considered full time student if he/she is enrolled in a minimum of 12 credits per semester or an equivalent full time studentschedule.
Yes. Students taking online courses with an accredited collge or university are considered full time student if he/she is enrolled in a minimum of 12 credits per semester or an equivalent full time studentschedule.
FULL TIME FOR THE TUITION DEDUCTION, BUT HOW CAN YOU GET THE RETIREMENT SAVINGS CONTRIBUTION TOO: FROM FORM 8880 INSTRUCTIONS:
you: • Were enrolled as a full-time student at a school; or • Took a full-time, on-farm training course given by a school or a state, county, or local government agency. A school includes technical, trade, and mechanical schools.
It doesn’t include on-the-job training courses, correspondence schools, or schools offering courses only through the Internet.
THIS LOOKS LIKE FOR THAT YOU ARE NOT A STUDENT.
TURBO TAX WON'T LET ME TAKE THE CREDIT FOR RETIREMENT SAVINGS
If your online school is an eligible educational institution and you take more than five months of required courses, you are considered as a full-time student. If you meet those requirements, you would not qualify for the credit. To check the school, click here: eligible schools
To see requirements for claiming the Saver's credit, click here: Saver's credit
@LinaJ2020 Do you mean WOULD qualify for the credit?
If you are a full-time student, you would NOT qualify for the Saver's credit. To see the rules, click here: Saver's credit
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