- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
Q. Will i receive a 1098T for the lab and other qualifying fees?
A. Probably not.
Q. Can I still claim the lab fees and books somewhere?
A. Yes. After saying you didn't get a 1098-T, answer yes to the question do you qualify for an exception. That will allow you to enter your expenses.
Graduating in May, usually means that 2023 was the student's 5th calendar year of school. If you have already claimed the American Opportunity Credit (AOTC) 4 times. in the past, you are not eligible in 2023. The alternate Lifetime Learning Credit (LLC) is 20% of tuition and fees paid (up to $10K) and does not have a refundable portion.
‎February 6, 2024
9:53 AM