On my IL state return, why do my 2 eligible kids not qualify with expenses much greater than $250 each?

Forum|Forum|7 years ago
June 6, 2019
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TurboTax Premier Online

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The K-12 credit is a nonrefundable credit. What this means is, the credit is deducted from your IL taxes (tax liability). If you do not pay taxes to IL, there is nothing for the nonrefundable credit to offset.

You may not take a credit for the first $250 and the IL K-12 Education Expense Credit is a maximum total of $500, for all of your eligible kids.

For example, if you paid $3,000 for private education, you would only get a credit for $500.

See the screenshots below of the worksheet and eligible IL education expenses.

Anonymous

Answer

You may not take a credit for the first $250 and the IL K-12 Education Expense Credit is a maximum total of $500, for all of your eligible kids.

For example, if you paid $3,000 for private education, you would only get a credit for $500.

See the screenshots below of the worksheet and eligible IL education expenses.

jmitch04Author

Level 2

I paid over the $3000, but TurboTax says that I do not qualify for the credit; why? I live in IL, but 100% of my income is from another state; does that have an impact?