@Maximilian_ You don't have to explain your calculation to the IRS - unless you are audited. If you really feel like your math is questionable or you would like it reviewed by the IRS then you paper file the return and show your work.
No, if you made more than twice as much as earned income in un-earned income it all goes in to the same pot of money. You can't say I only used this part of the pot of money to cover the bills and the other part of the pot of money to cover the rest.
TurboTax should calculate what the AOTC is for the year once you've input everything.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
