Thanks for the help! I have two children in college and one a senior in high school. All my kids as seniors in high school have taken college classes thru a community college. Using the optimized method uses up one of the four years allowed per student on the American Opportunity Credit. The tuition we paid for my youngest child to take a few college classes as a senior in high school is not going to give me the best tax return in the long run.
I made this mistake when my other children were seniors in high school and now in his final year of college we cannot take the American Opportunity Credit.
Tuition for the 2 college accredited classes as a senior in high school is about one tenth the tuition now that he is a senior in college. Probably costing me roughly $1000 in missed tax credit.
Your help got me in to change the settings to manual and selecting the Lifetime Learning Credit.
I did have to select manually for all three of my children as it appears it is all or nothing when manual is selected.
Not impressed with turbo tax on the link that goes to an unfound page.
