@Haven2025 said: "Good to know that she is only eligible for the refundable portion of the AOTC which I understand to be $1,000"
No, it's just the opposite, she would only get the non-refundable portion. But that doesn't matter in her case, since more than half her support came from earned income. Because she is under 24, the earned income support question in the personal info interview should come up. There is no form to be completed. She just answers yes. She will get both the refundable and non refundable portions.
Q. We have previously put all of the 1099-T, 1099-Q information into the TurboTax online account. Does all of that stay as is?
A. Yes. Be sure you entered room and board and books.
When you get to the screen titled “Amount Used to Calculate Education Deduction or Credit”, verify the amount ($4000) you want to use or change it*.
If everything is entered correctly, you should get the result above. The $2956 goes on line 8 of Schedule 1. The refundable portion ($1000) of the AOTC goes on line 29 of form 1040 and the non refundable portion on line 3 of Schedule 3.
*If TT doesn't present that screen, Go through the entire education interview until you reach a screen titled "Your Education Expenses Summary". Click edit next to the student's name. That should take you to a screen “Here’s your Education Summary”. Click edit next to “Education Information”. When you get to the screen titled “Amount Used to Calculate Education Deduction or Credit”, verify the amount you want to use or change it. You may reach that screen sooner.
