- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
Q. or 529 prompted to input amount used to calculate education credit (field pre-populated with 10k). There were 0 amount claimed by parent - Can I input 0 amount?
A. Yes. For those not claiming a credit change the amount to 0. For those claiming the American Opportunity Credit, instead of the Lifetime Learning Credit, change the amount (usually) to $4000.
March 30, 2023
3:40 PM