Lifetime Learning Credit - LLC | Internal Revenue Service
Jan 13, 2025 · 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.
What Is the Lifetime Learning Tax Credit? - TurboTax
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.
What to Know About the Lifetime Learning Credit | Taxes - U.S.
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 AOTC LLC | Internal Revenue Service
Jan 13, 2025 · 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.
Lifetime Learning Credit (LLC): What it Means, How it Works, FAQs
Jan 2, 2023 · The Lifetime Learning Credit (LLC) is a provision of the U.S. federal income tax code that lets parents and students lower their tax liability by up to $2,000 to help offset higher education...
Lifetime Learning Credit: What It Is, Income Limits | Bankrate
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.
Lifetime Learning Credit: What it is, how much it’s worth | Fidelity
Feb 22, 2024 · The Lifetime Learning Credit (LLC) offers a tax break for postsecondary education after high school. This tax credit can help pay for qualified tuition and related expenses for college, graduate school, vocational training, and professional development.
Education credits: Questions and answers - Internal Revenue Service
Jan 10, 2025 · Find answers to common questions about the education credits, including the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC).
Lifetime Learning Credit - Wikipedia
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.
Understanding Taxes - Education Credits - IRS tax forms
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.