topic Re: Why I need form 8917 in Get your taxes done using TurboTax

Why I need form 8917

kattykp — Wed, 22 Jan 2020 19:28:40 GMT

Re: Why I need form 8917

BarbaraW22 — Wed, 22 Jan 2020 20:19:21 GMT

Form 8917 is used to calculate the Tuition and Fees Deduction. If you have qualified education expenses, the tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000.

You can claim the tuition and fees deduction if you meet the following requirements:

You pay qualified education expenses for higher education
You pay the education expenses for an eligible student
The student is you, your spouse, or your dependent

There are also two credits available for qualified education expenses: the American Opportunity Credit and the Lifetime Learning Credit. TurboTax will help you determine which education credit or deduction provides the greatest benefit.

Please click on this TurboTax article for more information.

Re: Why I need form 8917

rianna135 — Fri, 31 Jan 2020 22:55:37 GMT

I already filed my taxes, but TuboTax just notified me today that they received my Form 8917. What should I do?

Re: Why I need form 8917

KarenM90 — Sat, 01 Feb 2020 00:09:17 GMT

Was your return rejected or did you receive a letter related to a prior year taxes?

Here is a link with more detailed information regarding form 8917: Education Credits, Form 8917

Re: Why I need form 8917

rianna135 — Mon, 03 Feb 2020 19:52:38 GMT

My taxes were already excepted. Thanks for the link