- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
It is not a refundable credit, but if you have a tax liability and qualify for the credit, it is probably legit. Look at your Form 1040 and the associated Form 8863, Part ll, Line 19. Your tax liability is listed on Line 16 of Form 1040. Now, if you have duplicated any education expenses, the credit will be overstated. But if you have education expenses reported and you have a tax liability enough to take the credit, it will be automatically included. You can search for letme in the search bar, hit the Jump to letme link to see the education credit option available to you.
Who is eligible for the Lifetime Learning Credit?
What Is the Lifetime Learning Tax Credit?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 23, 2021
11:55 AM