I checked on the IRS website if I am eligible to claim an education credit and it did confirm that I was eligible to claim the American Opportunity Credit (reduced amount, not full). This used AGI (not MAGI).
https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit
It is not very clear. In the Student Information Worksheet, Part III Line 1. It says "Is this student qualified for the American Opportunity Credit" No. Reason is "Income exceeds $90000"
In 1040 Line 9 the total income (AGI) is below $90000.
Is there a place in TurboTax where the MAGI is calculated?
MAGI which is used for calculating the educational credits - does it include the $10.2k unemployment exclusion or not.
