2024 Form 8863 - Internal Revenue Service

8863 credit limit worksheet Enter the amount from: Form 1040 or 1040-SR, line 18 Enter the total of your credits from: Schedule 3 (Form 1040), lines 1 and 2, 6d and 6l Subtract line 5 from line 4 Enter the smaller of line 3 or line 6 here and on Form 8863, line 19.

8863 credit limit worksheet  You can’t take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don’t complete line 31.

credit 8863  You can’t take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don’t complete line 31.