Education

Thanks! Great feedback! 

1. She was not a FT student, but was "at least half time", so I think that factor, plus the excess of $4300 of income, is why she wasn't allowed as a dependent by TT.  Actually, I was impressed by TT on this as it was the only software that brought that to my attention.  The other programs didn't ask about income and allowed her as a dependent.

2. No scholarships.

3. Great point!  Yes, she did live at home.  I didn't even think to consider room and board expenses for that scenario.

 

I'm still not sure of why TT calculated the $1114 taxable income instead of $1171, and also didn't include books in education expenses.  It shows the books included in the summary, but not in the credit amount from form 8863.  There are 3 lines for books, and I tried each one just to see if anything changed, but it didn't.  I also cycled through the calculation section several times.  I'll try to zero everything out and step through the program again to see if that helps. 

 

Thanks for your help!