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Did you receive a 1098-T from the school showing your tuition etc.? If your books were bought from the institution and required, then you might qualify for the Lifetime Learning Credit. This credit is available for qualified education expenses for higher education and is available as part of a post secondary degree program or when classes are taken to improve job skills.
Student activity fees and expenses for course-related books, supplies, and equipment are included in qualified education expenses only if the fees and expenses are paid to the institution as a condition of enrollment or attendance.
The credit starts being phased out when income is $56,000 for single filers and $112,000 for Married filing Joint returns.
The other credit, The American Opportunity Credit is available for undergrad only.
Did you receive a 1098-T from the school showing your tuition etc.? If your books were bought from the institution and required, then you might qualify for the Lifetime Learning Credit. This credit is available for qualified education expenses for higher education and is available as part of a post secondary degree program or when classes are taken to improve job skills.
Student activity fees and expenses for course-related books, supplies, and equipment are included in qualified education expenses only if the fees and expenses are paid to the institution as a condition of enrollment or attendance.
The credit starts being phased out when income is $56,000 for single filers and $112,000 for Married filing Joint returns.
The other credit, The American Opportunity Credit is available for undergrad only.
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