Support CenterNY form IT-272 does not calculate Lifetime Learning Credit
🔍 NY form IT-272 does not calculate Lifetime Learning Credit
The Federal Lifetime Learning Credit allows a credit for any type of continuing education on Form 8863. New York only allows certain types of education to be claimed for the NY education credit. Because of this, SureFire can not know what expenses from the federal form should be claimed on the state form.
⚠️ Before You Begin
You will need to:
- Review the New York form instructions
- Manually enter information on NY IT-272 (overriding fields as needed)
📊 Step-by-Step Guide
Step 1: Check the New York form instructions
Use this when you need to confirm which education expenses New York allows for the NY education credit.
Check the New York form instructions and note which expenses should be included on NY IT-272.
Step 2: Manually enter allowed expenses on NY IT-272
Use this when SureFire cannot automatically determine which federal expenses should be claimed on the state form.
Manually enter information (overriding fields as needed) on NY IT-272 to include the expenses that New York allows.
Step 3: Confirm Hope Credit expenses will calculate
Use this to understand what will be calculated automatically once the correct expenses are included.
Anything from the Hope Credit can be claimed for the New York credit and will be calculated.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: state,form