A student eligible for the American Opportunity tax credit:
Has not completed the first four years of post-secondary education.
Enrolls in at least one academic semester during the applicable tax year.
Maintains at least half-time status in a program leading to a degree or other credential.
IRS will review the return and determine the earned vs unearned income. If you are not entitled to the deduction the IRS will issue a notice of adjustment to you.
TurboTax is very responsible in assuming accountability for actual mistakes made. If it is determined that there is an error caused by TurboTax, you can contact TurboTax to present your case. IRS does not normally penalize for mistakes, which occurs often, they may charge interest if you owe because of that mistake.
Honestly, it does not seem that you will have an issue based on the information you provided.
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