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Education
Q. Since the credit is non-refundable, doesn't it make since to just force the tax due to zero and minimize state income tax?
A. Yes. Although most states don't tax income that low.
"He was on parents tax return during first two years with 529 being used instead of the AOC."
The parents should look at filing amended returns, to claim the AOC (and report a little 529 earnings as income).
‎April 8, 2025
6:47 PM