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Level 2
March 5, 2022
Question

I earned a foreign 4 year degree in 1995, so did I earn four years of college credit before the current tax year? Is this asking whether I got the degree directly before?

  • March 5, 2022
  • 4 replies
  • 37 views
I earned a UK degree 26 years ago, so have I earned 4 years of college credit before 2021?

4 replies

Employee Tax Expert
March 5, 2022

If you are going through the Education Credits section of your return, the question is asking whether you have completed four years of college prior to the beginning of the current tax year.  It does not matter when it was completed, only that you have been through four years of college. 

 

Since you have, you will not be eligible to claim the American Opportunity Tax Credit, but you still might qualify to claim the Lifetime Learning Credit.

 

For more information, see the following TurboTax help article:

 

Who is eligible to take the American Opportunity Tax Credit?

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Level 2
March 12, 2022

I appreciate the explanation. Thank you again!

Level 15
March 5, 2022

It is asking if your current colleges acknowledges that you have completed 4 years.  In other words, does your current college consider you as a undergraduate student (less than 4 full years) or as a graduate student (finished 4 years of college).

Level 2
March 12, 2022

Thank you for the clarification.