Education

I'm not following your answer.

 

1040 Line 20 is 1768

Sched 3 Line 3 is 1768

TurboTax is telling me it is using AOTC (not LLC) for 1768

 

Please explain the AOTC math as I have been through Pub970 multiple times. While it does say, "Also, the nonrefundable part of the credit may be limited by the amount of your tax," I am not seeing any examples where that is taken into account. 

 

You did hit on another point. I don't understand how to make TT shift the 529 expenses.