topic Re: Tuition Transfer of 2 kids not working in Seniors and students

Tuition Transfer of 2 kids not working

borvaj — Mon, 29 Apr 2024 02:46:12 GMT

I have 2 kids whom I have completed their taxes using TurboTax have submitted and followed the instructions to transfer to parent. I am in the dependent screen and have entered Credit Info for both of the kids.

1 kids is for 1,574.80 and the other is for 1055.84, so combined they are under the $5000 limit.

Now in the next screen only 1 of my kids Tuition and Education amount is present not both. The amount put on the highest earner under the Tuition and Education amount only displays 1055.84.

Is this a bug or am I doing something wrong. The amount should be $2630.64

Re: Tuition Transfer of 2 kids not working

TurboTax_Susan — Mon, 29 Apr 2024 18:06:38 GMT

The tuition transfer is non-refundable, so TurboTax will only use what is required to reduce taxes owing.

Re: Tuition Transfer of 2 kids not working

borvaj — Tue, 30 Apr 2024 01:12:57 GMT

Hello.

My taxes show that my wife and I Owe taxes for over $2000 and yet only 1 of my kids Tuition credits is being applied and the lower full amount of Tuition is the one being applied.

Re: Tuition Transfer of 2 kids not working

TurboTax_Susan — Tue, 30 Apr 2024 19:09:41 GMT

Please contact our phone support team at 1-888-829-8608 as they will be better able to assist you.

Re: Tuition Transfer of 2 kids not working

jonasraymond — Fri, 18 Apr 2025 12:39:02 GMT

I am having the same issue. It is only recognizing the one child amount. Confirmed it added the two child amounts together in 2023. I have lots of room to deduct it. Please assist.