I know this is got to be simple, but I can't find the answer right now. Is the American Opportunity credit good for 4 tax returns or four full years at school (which would mean on 5 tax returns)? Everything I see right now just says first 4 years of school, at least a 1/2 time student, yada yada yada.....
Example, my son enrolls at Fresno State in Fall. On my first tax return I take the AOC. He goes for the next 3 years spring and fall semesters. I take the AOC on 3 more tax returns. His final semester (the end of his 4 years of education) would fall on my 5th tax return. Do I get to take it, or have I used up my 4 years?
Tom
Lodi, CA
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BulldogTom
Member Since 13 Apr 2007Offline Last Active May 15 2012 01:40 PM
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Topics I've Started
Education Credits - How many years/tax returns
11 April 2012 - 08:46 PM
Electric Vehicle Credit - Is there a carryover?
05 April 2012 - 08:47 PM
Does the Chevy Volt Credit have a carryover? If you qualify for 7500, but you only have 2k in taxes, can you carry the rest to 2012?
Thanks
Tom
Lodi, CA
Thanks
Tom
Lodi, CA
Idaho - CA Help please?
24 March 2012 - 10:46 AM
Clients are still married (and will stay married if he can ever leave his momma - according to her). She moved to Idaho with the kids. He says he cannot find a job there and is still living in CA.
I know Idaho is a community property state. Can I file a joint return for fed, and a separate return for her for Idaho, as he has no tax ties to the state? I would really not expose his CA income to ID taxation.
Tom
Lodi, CA
I know Idaho is a community property state. Can I file a joint return for fed, and a separate return for her for Idaho, as he has no tax ties to the state? I would really not expose his CA income to ID taxation.
Tom
Lodi, CA
Help! Please. Need to install latest version of 1040
15 March 2012 - 07:07 PM
Setting up my laptop for a trip this weekend to do some tax returns. Update every day on both machines. Export a return from the main computer to the laptop. Can't open because the forms are a later version. Look up the version 92 on the laptop, 115 on the main computer. Update the laptop again. Get up to version 113, but still can't open the return.
Went to the website and I can download the form. Have it on my laptop.
How do I get it into the damn program?
Tried calling support. 45 minute wait. Tried looking on the KB, it does not respond.
You guys are my last hope. I refuse to wait on the phone 45 minutes for what should be able to be done in 2 minutes.
Tom
Lodi, CA
Went to the website and I can download the form. Have it on my laptop.
How do I get it into the damn program?
Tried calling support. 45 minute wait. Tried looking on the KB, it does not respond.
You guys are my last hope. I refuse to wait on the phone 45 minutes for what should be able to be done in 2 minutes.
Tom
Lodi, CA
Help using the import feature
08 March 2012 - 08:38 PM
Can anyone who has done this help me? It says press F11 for instructions on how to use this sheet, but nothing happens when I press F11.
It is not a big deal, but I want to learn to use this feature.
Thanks,
Tom
Lodi, cA
It is not a big deal, but I want to learn to use this feature.
Thanks,
Tom
Lodi, cA
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