2024 Form 8863 - Internal Revenue Service

5(1815)

8863 credit limit worksheet Credit Limit Worksheet A – Form 8863 Enter the amount from Form 1040, Line 18 (Tax liability before credits): $ __________.

form 8863 IRS Form 8863, Education Credits, is the tax form that a taxpayer may use to take a tax credit for qualified education expenses they incurred during the year. This includes the American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit.

fa 8863 Reminders Limits on modified adjusted gross income (MAGI). The lifetime learning credit and the American opportunity credit MAGI limits are 0,000 if you're married filing jointly (,000 if you're filing single, head of household, or qualifying surviving spouse). See Table 1 and the instructions for line 3 or line 14. Form 1098-T requirement.