This is basically follow up questions to an earlier question I asked.
Details:19yr old Daughter atttened college for over 2 months but had to drop out for medical reasons.
That was the only school she attended in 2022.(took gap year after HS)
Made $8500 in part time employment.
Received 1098T T with Box 1 tuition paid $1228. No scholarships so still in debt to school for balance of tuition. Box 8 was checked "At least half time student" so should qualify for AOTC.
We can't claim her as dependent because she was only a student for 2 months and she made over the income threshold.
Since AOTC can only be claimed for 4 years, and the fact that she plans on returning to college next year, it would be more beneficial to not claim AOTC since it wouldn't give her that much back in the form of a refund. Approximately $1k as opposed to future AOTC credits up to $2500.
But on NY return, there is no 4 years. maximum total like Fed Aotc.
So is it OK to claim the tuition paid on NY and not Fed for 2022?
If something happens, where she doesn't go back to school in future, or for whatever reason, not be eligible for all 4 years of AOTC before age of 24, I would have her amend 2022 and claim the 2022 1098t amount.
