Can I claim AOTC on my federal return and also receive a tuition subtraction on my state return?
lexielu98
Member Posts: 1 Newcomer
State is Wisconsin.
AOTC on my federal return and a subtraction for tuition on my state…is this allowed?
Thanks
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Answers
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Hi lexielu98! The AOTC is a refundable credit that only affects your federal tax return. WI offers their own education benefit in the form of the Tuition and Fees Expenses subtraction. If you qualify to claim that subtraction, it would not be considered double dipping to claim the AOTC on your federal return and the subtraction on your state return. There is not a problem with claiming both.
You can refer to pg 4 of the Schedule SB instructions for more information on the qualifications for claiming the WI Tuition and Fees Expenses subtraction.