Is graduation school tuition deductible with an AGI of $149,500

[rjs · Accepted solution]

No. The Lifetime Learning Credit phases out completely if your AGI is $67,000 or more ($134,000 or more for married filing jointly). The Lifetime Learning Credit is the only tuition credit or deduction that is available for graduate students. The American Opportunity Credit is only for undergraduate tuition. There used to be a Tuition and Fees Deduction that had a higher income limit, but that deduction expired at the end of 2017 and has not been extended.