Form 8863 – How to File the Lifetime Learning Tax Credit for 2023
The lifetime learning credit is a federal tax credit which helps supplement the cost of higher education for U.S. taxpayers. This Form 8863 tutorial covers how to claim the credit for the 2023 tax year.
How to File IRS Form 8863 for American Opportunity Tax Credit for 2022
An individual taxpayer who spends money on higher education may be eligible for the American Opportunity Tax Credit (AOTC). This example covers the eligibility, calculation, and reporting of AOTC on IRS Form 8863.
How to File IRS Form 8863 for the Lifetime Learning Credit for 2022
U.S. taxpayers that are enrolled in higher education classes may be entitled to a federal tax credit for a portion of the cost. This article examines the lifetime learning credit for a part-time student and how to report on Form 8863.
How to File IRS Form 8863 for the American Opportunity Tax Credit (AOTC)
The American Opportunity Credit is a federal tax credit that helps taxpayers reduce their federal tax liability for money spent on higher education. This article and video covers how to complete Form 8863.