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Education
Yes, that's the usual error, TT incorrectly uses $10,000 for the tuition credit, instead of $4000.
Go through the entire education interview until you reach a screen titled "Your Education Expenses Summary". Click edit next to the student's name. That should take you to a screen “Here’s your Education Summary”. Click edit next to “Education Information”. When you get to the screen titled “Amount Used to Calculate Education Deduction or Credit”, verify the amount you want to use or change it. You may reach that screen sooner.
March 17, 2024
5:18 AM