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 Form 8863 2017

8863 Instructions 2017-2025 Form

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Instructions and help about instruction form 8863 american lifetime print

form 8863 is the irs form that enables taxpayers to take advantage of one of two tax credits refundable american opportunity tax credit and the lifetime learning credit the american opportunity credit allows for qualifying expenses to be claimed for four post-secondary education years those that are eligible qualify for a maximum annual credit of five hundred dollars per student with a lifetime learning credit there is no limit to the number of years a taxpayer may claim up to two thousand dollars per student annually both credits require that you must pay the education expenses for an eligible student the education expenses must relate to higher education and the eligible students either yourself your spouse or dependent on your tax return that's form 8863 and that's your one minute business brief

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