turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jfos109
New Member

I was a part time student who got his graduate degree this year. How can I claim the lifetime learning tax credit?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MayaD
Employee Tax Expert

I was a part time student who got his graduate degree this year. How can I claim the lifetime learning tax credit?

To claim the Lifetime learning Credit you must :

  • Be enrolled or taking courses at an eligible educational institution.
  • Be taking higher education course or courses to get a degree or other recognized education credential or to get or improve job skills.
  • Be enrolled for at least one academic period* beginning in the tax year.
  • You can’t claim the credit if your Modified Adjusted Gross Income ( MAGI) is $68,000 or more ($136,000 or more if you file a joint return).The Credit will be reduced if your MAGI is between $58,000 and $68,000 ($116,000 and $136,000 if you file a joint return).

To claim the credit in TurboTax:

  1. Log in to your account.
  2. Go to Federal Taxes.
  3. Go to Deductions and Credits.
  4. Scroll down and click Start next to Expenses and scholarships.
  5. Answer Yes to "Do you want to enter your higher education expenses?".
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MayaD
Employee Tax Expert

I was a part time student who got his graduate degree this year. How can I claim the lifetime learning tax credit?

To claim the Lifetime learning Credit you must :

  • Be enrolled or taking courses at an eligible educational institution.
  • Be taking higher education course or courses to get a degree or other recognized education credential or to get or improve job skills.
  • Be enrolled for at least one academic period* beginning in the tax year.
  • You can’t claim the credit if your Modified Adjusted Gross Income ( MAGI) is $68,000 or more ($136,000 or more if you file a joint return).The Credit will be reduced if your MAGI is between $58,000 and $68,000 ($116,000 and $136,000 if you file a joint return).

To claim the credit in TurboTax:

  1. Log in to your account.
  2. Go to Federal Taxes.
  3. Go to Deductions and Credits.
  4. Scroll down and click Start next to Expenses and scholarships.
  5. Answer Yes to "Do you want to enter your higher education expenses?".
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies