Chowdahead Posted January 21, 2016 Report Share Posted January 21, 2016 Have a client who plunked down $5,000 cash last year for a CDL part-time training program at a local school. Sounds to me like a classic Lifetime Learning Credit situation since it is a vocational school https://goo.gl/3NngEg. TP AGI is $32,000 with 2 dependents. However, the American Opportunity Tax Credit also lists "vocational" schools under "Eligible Education Institution" https://www.irs.gov/Individuals/AOTC. So sounds like the AOTC possibility, which would be much more beneficial. I haven't approached the client yet, but would the institution need to issue a 1098-T, or would his receipt for payment be sufficient? Quote Link to comment Share on other sites More sharing options...
SaraEA Posted January 22, 2016 Report Share Posted January 22, 2016 The school has to be eligible to participate in federal student loan programs. The school will know if it is, or you can use a look-up tool somewhere in the IRS education credit pubs. The program must lead to a degree or "other recognized education credential." A CDL license is not an educational credential so I don't see AOC as a possibility. (Should we get credit for taking our state driver license exams too?!) New for 2015 returns: No education credits without a 1098T. New for 2016 returns: The "amount PAID" box has to be filled out. About time. 4 Quote Link to comment Share on other sites More sharing options...
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