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 Form 8917 2009

2009-2025 Form

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Video instructions and help with filling out and completing Form 8917

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Instructions and help about Form 8917

we're going to talk about tuition tax credits there are a couple of different tax credits that are available one is the hope learning tax credit the other is lifetime learning tax credit the hope tax credit is good for up to eighteen hundred dollars of legitimate educational expenses per year but it's only good for the first two years of education higher education be it uh college or vocational school the lifetime learning credit is good for up to two thousand dollars per year and can be used ongoing for a number of years you can't claim both the hope and the lifetime learning credits for the same student in the same year you have to choose one or the other but depending on your circumstances it's obviously something you want to try and take advantage of if you are paying tuition for someone in college or vocational school

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