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Can you carryover lifetime education credits, ex: you spend more than $10,000 on education in one year.?

I spent $13000 on education last year the lifetime education credit was 10000 max. can I carryover the $3000 I was unable to claim?

2006-08-12 07:14:03 · 1 answers · asked by MARK M 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

No, expenditures can only be taken in the year they're made.

2006-08-12 13:02:48 · answer #1 · answered by Judy 7 · 0⤊ 0⤋

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