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Tax Credits

( Lifetime Learning continued )

For the Student
An eligible student may be enrolled at least half time in an eligible program leading to an undergraduate or graduate degree at an eligible school during the calendar year OR may be enrolled at any enrollment level in any course of instruction at an eligible school to acquire/improve the student's job skills during the calendar year.

The student may claim the credit if the student is not claimed as a dependent by another taxpayer.

When Is It Available?
The taxpayer may claim the Lifetime Learning credit for qualified expenses paid July 1, 1998 and after.

How Do You Get It?
To qualify for the credit, the taxpayer must report the amount of tuition and fees paid, as well as the amount of certain scholarships, grants, and untaxed income used to pay the tuition and fees. Current law specifies that schools will supply this information in the form of a "return" to individual taxpayer and to the IRS. Click below to find out more...

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