Hal_Al
Level 15

Education

There are two available education tax credits. The American Opportunity Credit (AOC) and the Lifetime Learning Credit (LLC).  Books are qualified expense for the AOC, but not the LLC. 

 

You cannot claim the American Opportunity Credit (the more generous of the two) if the school is unable to provide a U.S. Federal Employer Identification Number (EIN or FEIN).  You can still claim the Lifetime Learning Credit if the foreign school is on Dept. of Education (DE)  list.

Enter your school at the link below, to see if it's on the dept. of education list.

https://www.savingforcollege.com/eligible-institutions

 

More details on the credits:

https://turbotax.intuit.com/tax-tips/college-and-education/what-are-education-tax-credits/L7TuLrVqZ

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/education-tax-cre... shorter

 https://www.irs.gov/Individuals/AOTC

https://www.irs.gov/newsroom/american-opportunity-tax-credit-questions-and-answers

https://www.irs.gov/credits-deductions/individuals/education-credits-questions-and-answers

 https://www.irs.gov/individuals/llc