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Get your taxes done using TurboTax
TT gave me a screen saying MAGI (Modified Adjusted Gross Income) of $187,090 exceeds the maximum of $180,000 so we are not eligible for American Opportunity Tax Credit but our AGI is $177,797. When I add in the items shown on the worksheet on Form 970 referred to on this webpage https://www.irs.gov/credits-deductions/individuals/aotc, our MAGI is still $177,797 (no increase from AGI) not the $187,090 stated by the TT online program.
‎February 8, 2020
1:50 PM