Lifetime learning credit timing

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woofer500!

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Recent May 2016 medical graduate here. Am I still eligible for a Lifetime learning credit tax deduction this year if my 2016 tuition was paid late December 2015? My school wont provide a 1098T form since it was technically in the 2015 calendar year. I would obviously like to avoid getting audited...

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Recent May 2016 medical graduate here. Am I still eligible for a Lifetime learning credit tax deduction this year if my 2016 tuition was paid late December 2015? My school wont provide a 1098T form since it was technically in the 2015 calendar year. I would obviously like to avoid getting audited...

No I think not. Typically you can only deduct or get credits for things that happen during the tax (calendar) year. If you paid tuition in 2015 you could have taken the credit then. May be possibly to submit a revised return or something. Check with a tax professional.
 
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