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

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

I finally completed my Bachelor's degree after 20 years. Can I claim anything for this last class I took that cost $2500?

 
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
rjs
Level 15
Level 15

I finally completed my Bachelor's degree after 20 years. Can I claim anything for this last class I took that cost $2500?

You can probably get a deduction or credit of some kind. Go to the education expenses section and answer all the questions. TurboTax will figure out what you can claim.


In the Search box type "education expenses" (without the quotes), then click the link that says "Jump to education expenses."

 

I finally completed my Bachelor's degree after 20 years. Can I claim anything for this last class I took that cost $2500?

You must be half time or more for the more generous American Opportunity Credit (AOTC).  But a single course qualifies for the non refundable  Lifetime Learning Credit  (LLC) or Tuition and Fees Deduction (TFD). TurboTax will select the best one for you. It's usually the LLC which is 20% of qualifying expenses, e.g. 20% x $2500 = $500.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question