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How to get LLC credit for our high school kids doing college in high school credits - what do I need to include in TurboTax to get this credit

1098 - T info has been included etc. I know that with MAGI we would quality for LLC but TurboTax only gives the AOTC by tweaking to say they are earning a degree etc. I would prefer to use the AOTC for the years they are in college, not high school.  What exactly do I need to include in Turbo Tax to get the LLC credit - any help would be greatly appreciated. 

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2 Replies
Karis_F
Employee Tax Expert

How to get LLC credit for our high school kids doing college in high school credits - what do I need to include in TurboTax to get this credit

High school students taking college level courses at an eligible educational institution are eligible for the Lifetime Learning Credit (LLC). Follow these steps in TurboTax Online to generate the credit:

 

1) Go to the section Deductions & Credits>Expenses and Scholarships (Form 1098-T)

 

2) Add Student 

 

3) For the question Was (student) working on an Associate, Bachelor's or Graduate degree? answer No

 

4) Was (student) enrolled in certificate or credential program? No

 

5) Was (student) taking college level courses? Select Yes if a high school student

 

These answers will generate the Lifetime Learning Credit instead of the American Opportunity Credit.

 

See this IRS article for more information:

Lifetime Learning Credit

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How to get LLC credit for our high school kids doing college in high school credits - what do I need to include in TurboTax to get this credit

Many thanks - I appreciate your input!

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