Glossary

Form 8863 – Education Credits (American Opportunity and Lifetime Learning Credits)

What is IRS Form 8863 and How Does it Help with Education Costs?

Form 8863, titled “Education Credits (American Opportunity and Lifetime Learning Credits),” is an IRS tax form used by eligible taxpayers to claim either the American Opportunity Credit or the Lifetime Learning Credit, which are tax credits designed to help offset the costs of higher education. These credits directly reduce the amount of tax you owe.

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