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MGC94
Level 7
February 19, 2024
Question

1098T AOTC

  • February 19, 2024
  • 2 replies
  • 14 views

Taxpayers' dependent is a graduate student. 

They never claimed AOTC for his bachelors degree (first 4 years). 

Is it possible for me to amend the last 3 years claiming the AOTC even though it was his masters/doctorate. 

dependent has no income and lives with his mom and he/she has never claimed his 1098t before. 

The 1098t is marked as a graduate student for 2020-2023. Tuition being over $50K. Or is it only lifetime learning and they missed out. (I was not the previous preparer).  

Thank you  

This topic has been closed for replies.

2 replies

Level 8
February 19, 2024

AOTC can only be claimed if student had not completed four years of post-secondary school as of January 1st of the year you are doing.

Lifetime Learning has different rules and your client may qualify for that.

 

 

ljr
Level 9
February 19, 2024

No