Maine Opportunity tax credit

[taylor-christoph]

How do I see if I qualify while using Turbo Tax?

[NicoleU]

The credit is available to Maine residents who obtain an associate's or bachelor's degree from a Maine college, junior college or university and who, after graduation, live, work and pay taxes in Maine and who make eligible education loan payments.

Enter any refundable and nonrefundable credit amounts from the Credit for Educational Opportunity Worksheet for Individuals (please see the attached photo)

In order to fill out Line 1. Eligible Payments on page 1 (please fill out the Loan Payment Schedule on page 2)

Please see this Maine link for the Worksheet used to figure out the refundable credit and nonrefundable credit: http://www.maine.gov/revenue/forms/credits/2016/16_eotc_indv_pmts_by_indv.pdf