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baha
New Member

Need to amend because of American Opportunity Credit

TurboTax automatically applied the American Opportunity Credit for my daughter, but it was her fifth year so she should not be eligible. Now I have a letter from the IRS saying I have to amend my return and presumably pay back the $2500. How to I amend the return correctly in TT and is there recourse for this error?

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1 Reply
rjs
Level 15
Level 15

Need to amend because of American Opportunity Credit

There is recourse for the error if the error was in the TurboTax calculations. But there is no recourse if the error was caused by incorrect input. TurboTax asked how many years the American Opportunity Credit had been claimed. If you had answered 4 it would not have allowed the credit. See the screen shot below.


See the following FAQ for instructions to amend a tax return that you filed with TurboTax.


How do I amend my federal tax return for a prior year?

 

AOC years claimed.png

 

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