Husband is college professor. He receives taxable monies (reported on Box 1 of W2) for wife's college tuition. Is this monies exclusible in figuring Education credit?

jcheu — Thu, 06 Jun 2019 15:48:58 GMT

Original question:

Clarification:

Turbo tax has a question: Did she receive scholarship or grant or other types of aid? Does he answer no?... because the monies is taxable. So she would qualify for more Lifelong Learning Education credit.

The wife qualifies for the education credit with regards...

DanO — Thu, 06 Jun 2019 15:49:00 GMT

The wife qualifies for the education credit with regards to the money used for tuition, it's wage earnings. See below for income limits to confirm qualification.

Here is what TurboTax FAQ has regarding qualifications for Lifelong Learning Education credit.

https://ttlc.intuit.com/replies/5358151

topic Husband is college professor. He receives taxable monies (reported on Box 1 of W2) for wife's college tuition. Is this monies exclusible in figuring Education credit? in Education

Husband is college professor. He receives taxable monies (reported on Box 1 of W2) for wife's college tuition. Is this monies exclusible in figuring Education credit?

The wife qualifies for the education credit with regards...