Can I get the Lifetime Learners tax credit even though tuition reimbursement put me over the 90000 limit? I paid taxes on reimbursed funds that went directly to tuition
I made over the limit solely because of the company reimbursed tuition and otherwise would have qualified. I paid over 3 thousand in taxes on reimbursed tuition that went directly to tuition. So basically I was double taxed on the funds that went to school.
021212
2 Replies
Bsch4477
Level 15
Mar 18, 2025 9:21:19 AM
If your MAGI which starts with your AGI is greater than $90,000 you can’t get education credit.
Hal_Al
Level 15
Mar 18, 2025 12:14:01 PM
Q. Can I get the Lifetime Learners tax credit even though tuition reimbursement put me over the 90000 limit?
A. No. Your income for that purpose includes everything in box 1 of your W-2.