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April 14, 2022
Question

Why did I get less than the 2K lifetime education credit? I am under the MAGI of $80,000

  • April 14, 2022
  • 1 reply
  • 0 views
There is no explanation, and my tuition expenses were more than 10K

1 reply

Hal_Al
Employee
April 14, 2022

The lifetime learning credit (LLC) is 20% of the first $2000 of tuition paid.  It is a non-refundable credit. That is, if it reduces your tax to 0, you don't get any more.  Review  form 8863 for details.