February 27, 2020 at 4:42 pm #5290chipper7Participant
My niece graduated last May with a nursing degree and got a full time job starting in June. She was a full time student and dependent for the first part of the year and would qualify for the Lifetime Learning Credit (her parents have already taken the four AOC credits), but then she is now no longer a student nor a dependent–lives on her own in another state. TurboTax doesn’t seem to like this combination and specifically is having her fill out a 8615 for investment income even though she is no longer a dependent. Does she have to choose one or the other? Any thoughts on what settings need to be tweaked to handle this? Thanks.
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