Education

Hello,

Just following up with this. As said, birthday is fine, and I am using TT Desktop Premier 2024.

While it is my current understanding that my son shouldn't receive the AOC as he hasn't earned more than half of the expenses; I started a new return in TT from scratch and it is still giving me the same $1K credit. TT is set with the understanding that no one else will be claiming him as dependent as part of that scenario. I must be missing something along the way as I'd think the software should pick on it. 

I also went to the IRS Interactive Tax Assistant and after answering some questions which didn't include the half support interestingly enough, it is telling me that he'd eligible for the AOC but not for the lifetime learning credit. Please see below the questions/answers of the interactive tool. 

While I am still a bit confused, I will go ahead and claim my son as a dependent to avoid any issues and show that he is claimed as a dependent on another return as part of his return, which I know won't show the AOC credit on his return as I have run through that scenario as well. As my wife and I are over the income limit, we won't be able to get the AOC credit either. 

Any additional thoughts would be certainly appreciated.

Thanks again!