You can Amend, go through the Education section and see if you can claim these credits. Click here for specific amending
instructions. 2017
HOPE or AMERICAN Credit
You need to go
back through the Education section.
Education tax credits can help you with higher education costs
by reducing the amount of tax you owe. There are two credits available, the
American Opportunity Tax Credit and the Lifetime Learning Credit. We check both
of them for you.
American Opportunity Tax Credit
(AOTC)
You can use this credit for the first four years of college when
working towards a degree.
- Maximum credit is $2,500 per eligible student.
- Must be enrolled at least
half time for at least one semester during the tax year.
- Up to $1,000 can be refunded
to you.
Lifetime Learning Credit
There is no limit on the number of years you can use this credit
for undergraduate, graduate and professional degree courses, including ones to
improve job skills.
- Maximum credit is $2,000 per tax return.
- Can be used when you're only
taking one class.
- You don't need to be working
towards a degree.
If you're not eligible for either of these credits, we'll
see if you qualify for the tuition and fees
deduction.
Related Information:
Go
to
>Deductions &
Credits,
>Education,
>Expenses & Scholarships
(1098T)
American Opportunity &
Lifetime credits will be asked about here toward the end of the questions.
You will need to know if
and for how many years you have previously received these credits.
Go through all the questions in
this section.
