The $180,000 limit for married filing jointly is clear but what is the phase out schedule for amounts above $180,000
You'll need to sign in or create an account to connect with an expert.
The phase out starts at $160,000. At $180,000, it's all gone and you get no part of the credit. Between 160K & 180K the partial credit calculation is shown on form 8863.
The phase out starts at $160,000. At $180,000, it's all gone and you get no part of the credit. Between 160K & 180K the partial credit calculation is shown on form 8863.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
dhugel
New Member
dlhdch
Returning Member
ktm831
New Member
jflipper360
New Member
siels
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.