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thisgirl
New Member

Lifetime Learning Credit

If I have claimed the AOTC for four calendar years and was finishing the four year degree in the fifth calendar year, why am I not qualifying for the Lifetime Learning Credit? It seems as though it isn't counting tuition, but it looks like it's automatically inserted. I buy most books outside of my institution, am required to have internet at a certain speed, must have a detachable web cam, and need a PC for the online degree. Why are none of these expenses helping me get my educational credit?

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1 Reply
Hal_Al
Level 15

Lifetime Learning Credit

None of those expenses ( books outside of my institution,  internet at a certain speed,  detachable web cam, and  a PC ) qualify for the Lifetime Learning Credit (LLC).  The only course materials that count are those include in the course fees.

Furthermore, the LLC, unlike the AOTC, does not have a refundable portion. The LLC can only be used against an actual tac liability. 

 

Reference: https://www.eitc.irs.gov/other-refundable-credits-toolkit/compare-education-credits/compare-educatio... 

which says, in part:

LLC Qualified expenses: Tuition and fees required for enrollment or attendance 

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