How much tuition can you claim

You could get this tax break if you covered the cost of those qualified education expenses for a college student such as yourself, one of your dependents as long as no one else claims the dependent on their taxes or your spouse.

Qualified education expenses include tuition and other fees that students are obligated to pay in order to attend a particular institution. Note also that this is an above-the-line deduction. Independent students and parents can qualify for the AOTC if they paid for qualified education expenses used for undergraduate courses. The LLC, on the other hand, is a nonrefundable tax credit. No matter your income or complexity of your return, you have an expert in your corner with TurboTax.

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