IRS Form 8863 Instructions - Teach Me! Personal Finance
credit 8863 IRS Form 8863 is a two page form that entitles eligible tax payers for the American Opportunity Tax Credit. The tax credit is calculated by applying 100 percent of the first ,000 in expenses plus 25 percent of the excess..credit 888
You can’t take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don’t complete line 31.web 88 credit
You can’t take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don’t complete line 31.