https://ttlc.intuit.com/community/taxes/discussion/re-aotc-miscalculation-2024/01/3412644#M1258304 <P>The American Opportunity Credit may be split into a refundable portion and a nonrefundable portion. The refundable portion appears on Form 8863 line 8 and Form 1040 line 29. The nonrefundable portion appears on Form 8863 line 19 and Schedule 3 line 3. What are the amounts of the two portions of the credit? Do they add up to $2,500?</P> <P>&nbsp;</P> Tue, 31 Dec 2024 17:04:49 GMT rjs 2024-12-31T17:04:49Z https://ttlc.intuit.com/community/taxes/discussion/aotc-miscalculation-2024/01/3412625#M1258298 <P>W-2 income, tax liability above $10,000.&nbsp;<BR /><BR />Filing jointly- my wife is in her first year of a four year degree and does not have a 4-year degree. She/we are eligible.<BR />&nbsp;</P><P>Tuition paid is $9,000. First 100% of $2,000 and 25% of the next $2000 means I should be seeing a $2,500 credit. TurboTax is showing a $540 credit. I have answered all eligibility questions and she is a full time student.&nbsp;</P><P>&nbsp;</P><P>Anyone have any ideas before I switch to manual filing?</P> Tue, 31 Dec 2024 16:34:59 GMT https://ttlc.intuit.com/community/taxes/discussion/aotc-miscalculation-2024/01/3412625#M1258298 jem3973 2024-12-31T16:34:59Z https://ttlc.intuit.com/community/taxes/discussion/re-aotc-miscalculation-2024/01/3412644#M1258304 <P>The American Opportunity Credit may be split into a refundable portion and a nonrefundable portion. The refundable portion appears on Form 8863 line 8 and Form 1040 line 29. The nonrefundable portion appears on Form 8863 line 19 and Schedule 3 line 3. What are the amounts of the two portions of the credit? Do they add up to $2,500?</P> <P>&nbsp;</P> Tue, 31 Dec 2024 17:04:49 GMT https://ttlc.intuit.com/community/taxes/discussion/re-aotc-miscalculation-2024/01/3412644#M1258304 rjs 2024-12-31T17:04:49Z