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February 26, 2024
Question

Why was my education credit $2,000 last year and this year it is only $843?

  • February 26, 2024
  • 1 reply
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1 reply

Employee
February 26, 2024

Is it the Lifetime Learning Credit?  That credit is non-refundable and is only used to reduce your tax liability.  If your tax liability is $843, that is how much credit you get.

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