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Education
If you are looking at the summary page for deductions and credits and see for "Education" $4000, that is the total of expenses entered but not the total credit you necessarily received.
!. Click on "Tax Tools" in the left hand menu
2. Click on "Tools" in the left hand menu
3. Click on "View Tax summary" in the center screen
4. Click on "Preview my 1040" in the left hand menu
Now look at line 18c on the 1040 to see the American Opportunity Credit refundable portion which means you get that credit no matter what your tax liability is. You can also scroll down to schedule 3 to see the non-refundable education credits. Those are the credits that are limited by the amount of your tax liability.
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March 3, 2020
9:59 AM