I need to check in Turbo to see if the lifelong learning credit was given. How can I see this now that it has been completed?
Meanwhile, when calculating my own form 8863 w/schedule 3 and credit limit workshet, it appears I should receive the lifelong credit of $2000. I attend 2 unv., had $44,000 in actual wages. School 1 had $12,000 rec'd qualified tuition/expenses paid in student loans and then $4000 on scholarships (108-T). School 2, all tuition/fees paid w/scholarships and $14000 left over of scholarships.
After offsetting the taxable $14 of scholarships on Line 1 with books, line 1 of 1040 b/c $47,000...so total taxable income is $3,000).
After completing Adjusted Qualified Tuition expenses worksheet form 8863, the lifelong credit should be $2,00. Is this correct. The worksheet only asked about inputs of tax-free educational assistance so the $14,000 of taxable scholarship on worksheet. Is this correct. Seems so, the $14,000 is accounted for in Line 1 of 1040, where after offsetting, $3,000 of scholarships is added taxable income.
Is this correct, why did TT not place the the $2,00 on line 13G of for 1040?
How can I see this now, where are the calculations done on the forms, where are the forms?
How can I get back into TT to get these forms?
Will IRS need the forms, I need a copy for my records, how can I see these?
