AOTC credit and TESU residency waiver

[alab21]

If you have paid the ~$3k residency waiver at TESU - did they include it as a qualified educational expense on the 1098-T so you could include it in your tax credit? Were you able to use it towards the $2500 tax credit?

I believe the amount would have been included by TESU in box 1 and/or 2 of the 1098-T.

Info about AOTC tax credit, because someone will ask. ;
100% of the first $2k and 25% of the next 2k up to $2500 total per year for a max of 4 years post-high school.

Tax CREDIT - not a tax deduction that reduces your taxable amount, but a tax credit that reduces the amount of taxes you owe....so if you owed $6k in taxes, and took the whole deduction, you'd only owe $3500 and any overage already paid is refunded.

Only available for first 4 years (half-time or more) post-high school. If you've already completed those in prior years, whether you took the credit or not, even if not available, you can't claim it. Do the Lifelong instead (less beneficial, but better than nothing, less limits). 

Q&A
https://www.irs.gov/credits-deductions/i...nd-answers

Qualified Expenses:
https://www.irs.gov/credits-deductions/i...%20expense.

Old article included to show the 1098-T, so you can see the boxes I'm talking about:
https://www.forbes.com/sites/kellyphilli...7f4ee65233

I'm not a tax professional - not even close. ;  Just asking a question for my own knowledge. Trying to make a contingency plan for hubby's degree if the company opts not to pay for it.