https://ttlc.intuit.com/community/college-education/discussion/my-aotc-amount-is-wrong/01/458144#M12320 <P>My education expenses are $1947 and my income is definitely below the income threshold. However, turbo tax is calculating $779 AOTC and $538 education non refundable credit. It's saying I owe $1546 federal tax at the end, so I know that I should get all $1947 as my AOTC. What's going on?&nbsp;<BR /></P> Tue, 04 Jun 2019 23:20:39 GMT natedawgg180 2019-06-04T23:20:39Z https://ttlc.intuit.com/community/college-education/discussion/my-aotc-amount-is-wrong/01/458144#M12320 <P>My education expenses are $1947 and my income is definitely below the income threshold. However, turbo tax is calculating $779 AOTC and $538 education non refundable credit. It's saying I owe $1546 federal tax at the end, so I know that I should get all $1947 as my AOTC. What's going on?&nbsp;<BR /></P> Tue, 04 Jun 2019 23:20:39 GMT https://ttlc.intuit.com/community/college-education/discussion/my-aotc-amount-is-wrong/01/458144#M12320 natedawgg180 2019-06-04T23:20:39Z https://ttlc.intuit.com/community/college-education/discussion/the-aotc-will-decrease-your-tax-liability-with-40-being/01/458151#M12321 <P>The AOTC will decrease your tax liability with 40% being refundable. The AOTC will reduce the total tax, but will not reduce your self-employment tax if you are self-employed. Check to see what your total tax is and verify that that amount has been reduced by the AOTC credit and the remaining amount is SE tax.</P> Tue, 04 Jun 2019 23:20:40 GMT https://ttlc.intuit.com/community/college-education/discussion/the-aotc-will-decrease-your-tax-liability-with-40-being/01/458151#M12321 KarenW 2019-06-04T23:20:40Z