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If my AGI is less than $180,000 married filing jointly and I paid about $2,000 more education expenses than scholarships, can I get the education tax credit?

 
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Hal_Al
Level 15

If my AGI is less than $180,000 married filing jointly and I paid about $2,000 more education expenses than scholarships, can I get the education tax credit?

Yes, if you are an undergrad. Grad students are not eligible for the American Opportunity Credit (AOTC).

The Lifetime Learning Credit (LLC) has an income limit of $134,000 (Married)

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Hal_Al
Level 15

If my AGI is less than $180,000 married filing jointly and I paid about $2,000 more education expenses than scholarships, can I get the education tax credit?

Yes, if you are an undergrad. Grad students are not eligible for the American Opportunity Credit (AOTC).

The Lifetime Learning Credit (LLC) has an income limit of $134,000 (Married)

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