Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 14, 2024 11:10:34 PM

Why Turbotax saying I am not eligible for Lifetime Learning Credit? The explanation it is giving me does not apply to my situation

I should qualify for Lifetime Learning Credit

0 1 4767
1 Replies
Level 15
Apr 15, 2024 4:35:15 AM

If you are eligible, you have answered  something wrong, in the interview. But, a lot of people are just not eligible. 

see this TT FAQ https://ttlc.intuit.com/questions/3383321-why-didn-t-i-get-a-credit-or-deduction-for-education-expen...

See Also:

 https://www.irs.gov/individuals/llc

 

The LLC is a non refundable credit.  That is, it can only reduce an actual tax liability. It is not added to your refund, like part of the American Opportunity Credit is.