rpellegr
Returning Member

Education

Thanks for the continued responses.  I am looking for a suggestion on a straight forward approach.

- I am not eligible for the AOC

- Son's taxes say he 'can be claimed'

- I am not claiming him on my return at all

- 529 distributions went to the college tuition bills (Box 1 = $20k, Box 5 = $5k, 529 plan paid $15k to the school)

- there was a laptop purchase but was not planning on referencing that

- Turbotax is still including the AOC credit

- Son does have tax liability...  had earned income 

 

thx