[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-73":3},{"rec_id":4,"title":5,"text":6},"73","What is the Lifetime Learning Credit, and can I claim it?","You could get a credit of up to $2,000 for qualified education expenses paid during the year. You might be able to claim the credit if the \u003Ci>American Opportunity Credit\u003C/i> isn't claimed for that student. The credit is 20% of qualified expenses, up to $10,000, giving you a total allowable credit of $2,000.\n\u003Cbr>\u003Cbr>\nAn eligible student can be you, your spouse, or a qualifying dependent. Qualified expenses cover all undergraduate and graduate level education. The credit phases out for higher income returns. It completely phases out for for \u003Ci>Married Filing Jointly\u003C/i> taxpayers with modified adjusted gross income over $180,000. For \u003Ci>Single\u003C/i>, \u003Ci>Head of Household\u003C/i>, or \u003Ci>Qualifying Surviving Spouse\u003C/i> taxpayers, the credit phases out entirely with modified adjusted gross income greater than $90,000.",1777391527985]