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

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

Why would IRS audit my 2017 tax return for education and american opportunity credits if turbo tax claimed my sons were eligible and met the requirements for these credit

 
This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Talk to a live expert to get the help you need.
2 Replies

Why would IRS audit my 2017 tax return for education and american opportunity credits if turbo tax claimed my sons were eligible and met the requirements for these credit

IRS always has the option to verify qualifications for credits....they're probably asking to see proof that you paid the tuition that got you the credit.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

Why would IRS audit my 2017 tax return for education and american opportunity credits if turbo tax claimed my sons were eligible and met the requirements for these credit

First of all, Turbotax doesn't know if you give the program incorrect eligibility information, it's answers are based on your instructions. Second, you could have a problem with tuition credits if someone else claimed your child as a dependent (the IRS won't necessarily tell you why they are auditing you.)  And third, as Lisa said, the IRS checks a certain number of credit claims randomly.  If you entered the amount the school billed you (box 2 of form 1098-T), the IRS will want to make sure that is the amount you actually paid.  (That is why box 2 is no longer allowed, in the future, the school can only report what you actually paid in box 1.)

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v