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It depends. What tax attributes are you concerned with?
As long as you are half time or more, you can still claim a tuition credit.
If you are currently a dependent, that might change.
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, full time student status, a relationship test and residence test. The support test is different for each type. The support test, for a QC, is only that the child didn't provide more than half his own support. The support test for a Qualifying Relative is that the taxpayer provided more than half the relative's support.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
A person can still be a Qualifying relative dependent, if not a Qualifying Child, if he meets the 6 tests for claiming a dependent:
In either case:
To claim the American Opportunity Credit, you have to be an eligible student enrolled at least half-time. An eligible student is defined as a student who:
TurboTax will ask you questions about your enrollment status when you start the Education section under Deductions and Credits.
And you can't take the Saver's Credit if you are a full-time student. You can go back and check your answers to your enrollment status by visiting the Retirement Savings Contribution Credit section, also under Deductions and Credits.
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