There is a 4 time limit for the most generous (and partially refundable) credit, the American opportunity Credit (AOC). For the fifth year, you can still claim the Lifetime Learning Credit (LLC). It is not refundable. That is, it can only be used to offset an actual tax liability.
You enter in the same place, as before. The student must be your dependent, for you to claim the credit. If he is not your dependent, he can claim the credit, even though you paid the expenses.
In TurboTax (TT), enter at:
Federal Taxes Tab (Personal for H&B version)
Deductions & Credits
-Scroll down to:
--Education
--Education Expenses and Scholarships (1098-T)
