Jahdiel
Returning Member

Lifetime learning credit

Hello,

 

I have married filing jointly and our AGI is 169k. My understanding is that for the LLC you are able to deduct up to 2000$. Turbotax was able to deduct only 342$ out of 3781$ in total education expenses.  Is this correct, if so why am I not able to deduct the full 2000$? 

 

Thank you for any assistance!