Just cannot get $1000 Refundable credit for an eligible student? Please help.

[Tejas]

Hello There.

I need some quick guidance on what am I doing wrong here.. I have verified with my CPA friend that my daughter is eligible but I'm not able to get her $1000 refundable credit for AOTC.   

As you can see she is eligible for both credits, but TT make her ineligible on the next step.  I have tried hardcoding to AOTC, and it's still not reflected in the return.   Is this a bug or am I overlooking something.   I'm looking for a precise answer with where in 1040 or other forms should I be looking?

[Critter]

If your daughter is a dependent on your return then she cannot get that credit ... how old is she ? 

[Critter]

Did you review the form 8863 ?    Switch to the FORMS mode to see that form ... she may not have enough expenses recorded. 

[DoninGA]

Is she your dependent?  If so, the AOC, Form 1098-T and other education expenses and credits are entered on your tax return not hers.

If she is not a dependent but under the age of 24 then she must have taxable compensation to be eligible for AOC.

If she is age 24 or older then no taxable income is required but she is only eligible for a reduced AOC of $1,000

[Tejas]

Is she your dependent?  If so, the AOC, Form 1098-T and other education expenses and credits are entered on your tax return not hers.  ==> No.

If she is not a dependent but under the age of 24 then she must have taxable compensation to be eligible for AOC. ==> Can you please elaborate on this, and where can I check for it?

If she is age 24 or older then no taxable income is required but she is only eligible for a reduced AOC of $1,000 => No she is under 24, but I'm hoping that she gets at least the reduced AOC portion i.e Refundable Credit.

[Tejas]

She is 18, and I'm not claiming her dependent on my return.

[Hal_Al]

She is not eligible, for two reasons: 1. She CAN be claimed as a dependent, whether you actually claim her or not. 2. She  is under 24 and does not  support herself by working.

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A student, under age 24, is only eligible for the refundable portion of the American Opportunity Credit if she supports himself by working.  She cannot be supporting yourself on parental support, 529 plans or student loans & grants. She must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

She cannot claim a credit if she is, or can be, claimed as a dependent by someone else.

If you are ineligible for the credit, because your income is too high, then nobody can claim the credit. 

[DoninGA]

She would have earned income from being an employee where she would receive a W-2.  She would have earned income from being self-employed and her net profit is $400 or more.  She must have provided over one-half of her own support from her earned income to be eligible for the AOC.  

If she does not provide over one-half of her own support and either one of her parents is still alive then she is not eligible for the credit.

If you are the parent why are you not claiming her as your dependent?