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TurboTax Mistake--Eligibility for Lifetime Learning Credit

Turbotax Deluxe Desktop 2022 indicates that my son qualifies for a Lifetime Learning Credit, but the Turbotax On Demand Tax Guidance gives incorrect information re: qualifications for the credit.  According to the Tax Guidance, "The lifetime learning credit is available for, among other criteria, "Students who are not pursuing a degree, certificate or credential." 

 

My son is pursuing a Master's Degree in Counseling, and according to the IRS.gov website, a student is eligible for the LLC if they are "taking higher education course or courses to get a degree or other recognized education credential or to get or improve job skills."

 

Please correct the On Demand Tax Guidance for the LLC!!!

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3 Replies
JulieS
Expert Alumni

TurboTax Mistake--Eligibility for Lifetime Learning Credit

Yes, the On Demand Tax Guidance is correct. 

 

IRS Publication 970 says:

"Student doesn't need to be pursuing a program leading to a degree or other recognized education credential."

 

Click here to see the applicable section of Publication 970. 

 

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TurboTax Mistake--Eligibility for Lifetime Learning Credit

Julie, you misunderstood my message.  The On Demand Tax Guidance indicates that a student cannot be in a degree program in order to qualify for the LLC. 

TurboTax Mistake--Eligibility for Lifetime Learning Credit

I guess I should clarify that the "On Demand Tax Guidance" implies that a student in a degree program does NOT qualify for the LLC. 

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