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Get your taxes done using TurboTax
There is no Federal credit for contributing to a 529 account. There are federal Education Credits you can claim if you, your spouse or your dependent were in college, or a registered trade school or apprenticeship program that provides a Form 1098T. There are a lot of pieces required to claim a federal education credit, the income must be within a required range for your filing status, the expenses need to be larger than scholarships and 529 payments. The 2 Federal Education Credits are
the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC), both based on other required information, some of the credits will only lower federal taxes owed and others can potentially give an additional refund. Here are 2 links that explain the options.
What education tax credits are available? - TurboTax Support
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/education-tax-cre... Available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either ...
How do Education Tax Credits Work? - TurboTax - Intuit
https://turbotax.intuit.com/tax-tips/college-and-education/what-are-education-tax-credits/L7TuLrVqZ**Say "Thanks" by clicking the thumb icon in a post
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the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC), both based on other required information, some of the credits will only lower federal taxes owed and others can potentially give an additional refund. Here are 2 links that explain the options.
What education tax credits are available? - TurboTax Support
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/education-tax-cre... Available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either ...
How do Education Tax Credits Work? - TurboTax - Intuit
https://turbotax.intuit.com/tax-tips/college-and-education/what-are-education-tax-credits/L7TuLrVqZ**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ttlc.intuit.com
Two available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either of t
Feb 21st
turbotax.intuit.com
Education tax credits like the American Opportunity Credit and Lifetime Learning Credit can significantly reduce the amount you owe in taxes. If you attend a college or trade school, you may be eligible to claim an education tax credit. Learn more about the different types of education tax credits, how they work, and whether you qualify.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
a month ago