Hi,
My son is freshman at a college in NYU state. I got 1098-T from the college that shows I paid 34K as his tuition fees and got 21K as scholarship. I also paid about $200 for the student loan interest. I entered all these details in Turbotax but It tell me that I am not eligible for any Education Tax Credit because of my Income. Is there any cap on the income above which you do not get the education credit ?
Is there any other deduction or credit I can be eligible for in lieu of my son's eduction / college expense ?
Kris
