Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Mar 4, 2020 11:32:49 AM

How do I get TurboTax to not use the American Opportunity credit for my daughter? If I can only use it for 4 years, 2019 was a small year for her.

0 3 521
3 Replies
Expert Alumni
Mar 5, 2020 12:04:13 PM

You cannot defer the American Opportunities Tax Credit.  The American Opportunity Tax Credit is claimed per eligible student, not per taxpayer.  This means you can claim the credit, but it is issued based on her schooling.

Level 1
Jan 30, 2021 5:05:10 PM
Expert Alumni
Jan 30, 2021 6:14:56 PM

You are not obligated to take the American Opportunity Tax Credit. 

That credit may only be used four times per student, so if you think it will be worth more in a different tax year, you can choose Lifetime Learner's Credit or take the Tuition and Fees Deduction instead. 

 

When the TurboTax program suggested taking the American Opportunity Tax Credit, you should have been provided a link to take a different credit. If not, type     letme     into the search box and it should take you there. 

 

 

 

@bythebay-