- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Miscalculating Lifetime Learning Credit
Hi,
I think the algorithm is not giving me the highest possible Lifetime Learning Credit. I had an Americorps grant reported on 1098-T and on 1099-Misc. I think this is messing up the 20% calculation that should be my Lifetime Learning Credit; the credit I'm getting looks like it's being calculated on the reported "extra" education expenses (like books and things) and not the total amount of education expenditures I see when I look at main page of education expenses. Has anyone had this issue/know of a workaround? I guess the difference is only like $200, but as a student that's kind of a lot!!
Thanks!
Topics:
‎February 3, 2024
8:15 AM