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, Sure-Fire can not know what expenses from the federal form should be claimed on the state form.
📊 Step-by-Step Guide
Step 1: Review the New York IT-272 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 to see which expenses are eligible to be included on NY IT-272.
Step 2: Manually enter eligible information on NY IT-272
Use this when Sure-Fire cannot automatically determine which federal expenses should be claimed for the state credit.
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 are included
Use this to ensure eligible expenses will be calculated for the New York credit.
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