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I am missing the education credit for $3,000 on my AGI,, Is there a way I can lower my AGI?

 
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3 Replies

I am missing the education credit for $3,000 on my AGI,, Is there a way I can lower my AGI?

What $3000 education credit are you referring to?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

I am missing the education credit for $3,000 on my AGI,, Is there a way I can lower my AGI?

I meant that I am over the income (AGI) limit of $180,000 by $3,000.  Is there a way I can lower my AGI , to be eligible for the education credit. I don't know how much is the education credit. I have two kids in college. 

 

Thanks 

ThomasM125
Expert Alumni

I am missing the education credit for $3,000 on my AGI,, Is there a way I can lower my AGI?

If you are not covered by a retirement plan at work, you could make a traditional IRA contribution that would lower your adjusted gross income for the education credit earnings limit. You may also be able to do something similar if you are self-employed. Otherwise, I don't know of any way you can lower your adjusted gross income.

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