@pmeaux123 If you don't get education credits due to income limitations, there is another option. You do not claim your children as dependents and then report none of the education credits nor 1099Q federally, most states allow you to add them back as long as they are valid dependents, you just choose not to claim them for credit reasons. i do this with my sons return. Then the student is allowed to file a return and get the education credits to the extent of their tax liability, they must say that they can be claimed by someone else but won't be when they file. They report the 1099Q, the w-2 and the 1098-T on their returns then and their tax liability can be reduced up to the AOTC. This may/may not be your better option depending on the value of the loss of their exemptions. Many high income tax payers find this to be the most lucrative option.
**I don't work for TT. Just trying to help. All the best.
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