My daughter is 22, and is a full-time college student. She did not work in 2019, and she lives with me. My income is close to $35k. I am the only one who can claim her. She is not a grad student. She began college in 2017. After trying to enter the below information in Turbo Tax free edition, Turbo tax states that she is not eligible for the AOTC. I am confused as to why...
She has a 1098-T with the following figures:
- (box 1) $1775.00 in tuition payments to the College plus around $400.00 or so for books
- (box 5) $4,258.00 in scholarships
- Enrolled at least half-time
- Box 7 was checked in 2018
My questions:
- Would qualify for the AOTC?
- Would I be able to claim the AOC on my return? If so, how?
- Would my daughter need to complete a return for the remaining amount in scholarship income of roughly $1,825.00?
Further issue:
When entering all of the above information in Turbo Tax free edition, I receive the following message:
"You can't claim an education tax break.
"Based on what you've entered so far you are not eligible for an education deduction or credit.
"Here is why you may not qualify:
- Scholarships, grants, and other tax free assistance exceed the education expenses
- There were no net qualified education expenses."
In 2018, she had scholarships that exceeded the amount of education expenses, and she did qualify. I can't figure out what's different for 2019.
Any insight that can be provided will be helpful. I appreciate your time in advance. Thanks, and have a great day!!
