Hmmm.... HOH with $14K AGI. 1098T has $17K box 1, $2675 box 5 & box 8 is checked. Cannot seem to get TP - American Opp credit.
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TP has EIC but cannot get Education credit
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Education Credit
Seems like they should... I actually tested your figures in my software, and I'm getting the maximum amount of AOC that is refundable, which is $1000.00.
They don't get the basic education credit, because the tax liability is zero.
I am seeing them maxed out on EIC, and also getting the MWPC, and even the Additional Child Tax Credit. But I had to make some assumptions...
How many kids? And are the children young enough for the Child Tax Credit?
I tried with one and two children. They're still getting $1000 AOC.
Did you forget to check a box?
Like indicating that the taxpayer is a degree candidate?
Or that she has not been convicted of a drug offense?
Have you run your alerts or diagnostics?
Who is the student? The taxpayer or a dependent child?
BMKBurton M. Koss
koss@usakoss.net
____________________________________
The map is not the territory...
and the instruction book is not the process.
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Originally posted by AZ-Tax View PostHmmm.... HOH with $14K AGI. 1098T has $17K box 1, $2675 box 5 & box 8 is checked. Cannot seem to get TP - American Opp credit.
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