TurboTax is making my Education Expense Credit show up as a Business and Individual Credit as well. I don't own my own business - why is this happening?

Forum|Forum|4 years ago
February 3, 2022
3 replies
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TT is passing thru my $300 Education Expense Credit to a Business and INdividual Credit. Why?

TurboTax Deluxe Online

Vanessa A

Where did you enter your education expenses? This is an individual credit. You should see the credit on line 3 of your Schedule 3 or on line 29 of your form 1040.

You can see this using TurboTax Online by logging into your return then clicking the following:

Tax Tools
Tools
View Tax Summary
Preview My 1040

To enter your 1098-T click the following:

Federal
Deductions and Credits
Show More next to Education
Start next to Expenses and Scholarships

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ddtkdorseyAuthor

I used my Georgia Form IT-QEE-SSO1 under the Qualified Education Expense Credit. This was in the Georgia credits section.

RobertB4444

@ddtkdorsey that form is for organizations providing scholarships to individuals. As an individual student you have no need to fill that form out.

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Anonymous

I am having the same problem. The credit is showing up TWICE as both the 'Education Expense Credit' AND 'Business and Individual Credit. It should be appearing only once as the 'Education Expense Credit'. I have not had this problem when claiming the credit in the past.

ColeenD3

"Please see the answers provided in the thread. If this relates to Georgia Form IT-QEE-SSO1, please see this answer from @robertb1326.

"that form is for organizations providing scholarships to individuals. As an individual student you have no need to fill that form out."

@1262122

Anonymous

ColeenD3

Thank you for the reply. Deleting that form makes sense, but I am unsure how to do that. I checked in both in 'Interview' section and the 'Forms' section. In the 'Forms' section, it appears this credit is listed on Form IT-QEE-TP2, but there is no indication in section 'B' or 'C' that I am trying to claim this credit.

Any assistance is appreciated, thank you.

julieblack0717

I’m having the same problem. I’ve looked for the form to delete it but there’s not one. I’m using Form IT-QEE-TP1 which is the form I’ve used every other year and not had a problem. It’s still giving me this credit twice and I can’t delete it.

Anonymous

Hi,

I had to call Intuit/TubroTax about this and got to speak with an Enrolled Agent. In short, the program is correct. If you go to the 'Forms' section, see Georgia Form 500, page 3, lines 20-21. Line 20 is the amount of the credit ($2,500 if you took the max.) and line 21 is simply a sum of lines 17-20. Assuming you had no other credits, line 21 should be the same as line 20.

The Enrolled Agent agreed the step-by-step portion of the program is deceptive in that it looks like you are claiming 2 credits (Education Expense, Business & Individual), but you are actually only claiming one. You don't know this unless you look at the form to see the details.

In addition, there is currently a software glitch in at least the CD/download version that prevents entering the credit #, your name, certificate #, credit amount appearing on the same line. The Enrolled Agent was going to bring this up to the attention of others. However, this shouldn't effect our ability to file.

Hope this helps.