The lifetime learning credit (LLC) is for qualified tuition and related expenses paid for eligible students enrolled in an eligible educational institution. This credit can help pay for undergraduate, graduate, and professional degree courses — including courses to acquire or improve job skills.

Oct 16, 2024 · The Lifetime Learning Credit is available for qualifying tuition and fee payments you made to a post-secondary school (after high school) during the tax year. The maximum credit you can claim is 20% of up to $10,000 in eligible costs, for a maximum credit of $2,000.

Apr 11, 2024 · The lifetime learning credit is a tax credit for eligible tuition and expenses at a qualified educational institution. It's worth up to 20% of the first $10,000 of eligible expenses – or $2,000...

Education credits like the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC) can help with the cost of higher education. See if you qualify.

Feb 4, 2025 · The Lifetime Learning Credit provides taxpayers with a valuable option to reduce the financial burden of higher education. By lowering tax liabilities, it becomes an appealing choice for students and families managing educational expenses.

Mar 11, 2025 · The Lifetime Learning Credit is a tax break for tuition and mandatory fees to attend postsecondary institutions (after high school). The Lifetime Learning Credit applies to college/university expenses, graduate school, continuing education, professional training, and vocational training.

Jan 3, 2025 · The Lifetime Learning Credit is a tax credit worth up to $2,000 for college costs. But watch for income limits and the rules on qualified expenses.

The Lifetime Learning Credit, provided by 26 U.S.C. § 25A(b), is available to taxpayers in the United States who have incurred education expenses. For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis.

Use Form 8863 to figure and claim your education credits, which are based on qualified education expenses paid to an eligible postsecondary educational institution. There are two education credits. The American Opportunity Credit, part of which may be refundable. The Lifetime Learning Credit, which is nonrefundable.

Lifetime Learning Credit. Taxpayers may claim a Lifetime Learning Credit of up to $2,000 based on qualified tuition and related expenses paid for each eligible student enrolled in eligible educational institutions.