turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

samjak1
New Member

I'm eligible for lifetime learning credit and meet the requirements, but it isn't calculating, Any help?

 
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
KrisD15
Expert Alumni

I'm eligible for lifetime learning credit and meet the requirements, but it isn't calculating, Any help?

Be sure you go though the ENTIRE education interview including "Education Information" located at the bottom of the "Here's Your Education Summary" screen

**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

I'm eligible for lifetime learning credit and meet the requirements, but it isn't calculating, Any help?

The  Lifetime Learning Credit (LLC) is a non-refundable credit. If your income  tax liability (lines 16- 18 of form 1040) is already 0, then the LLC is calculated to be 0. 

Also note that the LLC cannot be used to reduce self employment tax (line 23 of form 1040).

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies