American Opportunity Tax Credit

[greenfarms]

When indicating that a taxpayer is under 24 the program is still calculating the refundable portion of the AOTC which is not correct.  Has anyone else experienced this or am I answering one of the many questions incorrectly?

[The-Tax-Lady]

If you answered NO to the question, "does the taxpayer have a living parent"?, then the software will generate the refundable portion of the credit to the student/taxpayer. That's how it works.

[TaxGuyBill · Accepted solution]

How are you answering the three questions on the bottom of the 8863?

[greenfarms]

I answered way too many questions!  My bad....