Thank you for your response. I'm clear on everything except how you're figuring the qualified expenses if you can help me with that part.
$9,711 is what was paid for tuition and fees, subtract $3,540 for fees and part of tuition paid with scholarships and this equals $6,171 in qualified expenses. You also subtracted $2,642 which is for fees and part of the $3,540 number (that part confused me, I'm hoping you can explain it to me). $700 was also subtracted which is for textbooks and I thought a qualified expense. So, I can add that to the $6,171 and have $6, 871 in qualified expenses. If this is correct, then I have met the $4,000 criteria for the AOTC and would put $4,000 in box 1 and 0 for box 5?
Please help me understand your reasoning as I must be missing something. I always do my own taxes and this has been testing me!
