Yes, you can use the Lifetime Learning Credit every year if your son qualifies.
You are eligible to claim the Lifetime Learning Credit if all of the following requirements are met:
- You (or your dependent or a third party) paid qualified education expenses for higher education.
- You paid the education expenses for an eligible student.
- The eligible student is you, your spouse, or a dependent you claim an exemption for on your tax return.
- Your modified adjusted gross income is less than $68,000 ($136,000 if you are married filing jointly).
- The credit is reduced between $58,000 and $68,000 ($116,000 and $136,000).
[Edited 03.18.20 | 1:25 pm]
