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Education
Q. But since my Tax tax before credits is $1990, why doesn't TT use a different value on line 18 to result in $1990?
A. It's not sophisticated enough to put the AOTC ahead of the 529 exclusion, in the case of a student, with a 529 distribution, claiming only the non refundable portion of the AOTC. It's a rare situation.
‎January 23, 2022
5:07 AM