Whether you’re an experienced do-it-yourselfer or doing your own taxes for the first time, this is your place to learn and share. Here you’ll find information and resources for using H&R Block’s online and software DIY solutions. You’ll also find links to more information to assist you on your DIY journey.
03-06-2018 09:08 PM
My husband and I are both students. I attempted to take the Tuition and Fees deduction for myself and the Lifetime Learning Credit for my husband. The amount it allowed me seemed off, so I calculated it by hand on the actual Tuition and Fees deduction form. There was a difference. I then completed my return on inTuit/turbo tax's website and also had a difference of $370. I've already paid on H&R Block, but I'm not going to submit it unless it calculates it correctly. How can I fix this or can I get my $ back?
03-10-2018 02:12 PM
Are you sure you qualify for the LLC this year?
Lifetime learning credit. For 2017, the amount of your lifetime learning credit is gradually reduced (phased out) if your MAGI is between $56,000 and $66,000 ($112,000 and $132,000 if you file a joint return). You can't claim the credit if your MAGI is $66,000 or more ($132,000 or more if you file a joint return).
03-11-2018 01:02 PM
I noticed that on Part III of the "Tuition Payment" worksheet, it combined the eligibility question for both the American Opprtunity Credit and Lifetime Credit, which for someone with $165K AGI, the software would not include the eligible American Opportunity Credit in form 8863. Have anyone else noticed this ?