According to IRS materials, your child
can take an education credit based on dual enrollment as long as all the
requirements are met. Please refer to the following IRS link for more
information.https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-an....
The school where the college course
was taken needs to be an eligible educational institution. Please refer to this
IRS link to learn more. https://www.irs.gov/individuals/eligible-educational-inst.
With respect to the education
credits, there are specific requirements regarding number of courses etc.
For the American Opportunity Credit, page 10 of Pub 970 says, "for at
least one academic period beginning (or treated as beginning) in 2016, the
student both: was enrolled in a program that leads to a degree, certificate, or
other recognized educational credential; AND carried at least one half the
normal full-time workload for his/her course of study. The standard for what is half of
the normal full time workload is determined by each eligible educational
institution…."
It also says, "For 2016, treat an academic period
beginning in the first 3 months of 2017 as if it began in 2016, if qualified
education expenses for the student were paid in 2016 for that academic
period".
Per page 11 of Pub 970, "an academic period
includes a semester,
trimester, quarter, or other period of study (such as a summer school session)
as reasonably determined by an educational institution….." https://www.irs.gov/pub/irs-pdf/p970.pdf
With the respect to the
Lifetime Learning Credit, you would need to have taken at least one course
during the year. However, you can also claim this credit if your academic
period began in the first 3 months of 2017.
Please refer to the following
FAQ to learn more about the education credits.
https://ttlc.intuit.com/replies/3301953
