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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Question

If I do not want to use the Education Expense Optimization utility, how do I enter qualified expenses for the tuition and fees deduction and education credits?

Answer

If you do not want to use the Education Expense Optimization utility, do the following.

1. Open the Education screen, and then open the Eligible student information dialog.
2. Enter one of the following in the Ed Exp Codes column: 1, American Opportunity credit, 2, Lifetime Learning credit, or 3, Tuition and fees deduction.

Form 8917 and/or Form 8863 is completed based on the codes you select.

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