Son is in 4th year of graduate school, graduates May 2023. In 2022, we paid tuition of over $75K; he earned $7.5K from a part time job during 2022. We can't claim the credit because he isn't our dependent any longer because he made over $4.4K and is 25 years old. He can't use the credit because he got all his tax paid in refunded and has no tax owed. Is this just how it works? Or am I misinterpreting something? Your expert advice would be appreciated as this just doesn't seem right that we could pay that much and get no credit for it on ours or his return.
Michael
