Questions & Answers

Are there income limitations for being able to claim the American Opportunity Credit, Lifetime Learning Credit, or Education Deduction?

These are the phaseout ranges for the American Opportunity Credit, based on your adjusted gross income (AGI):

Filing Status Phaseout Range
Married Filing Jointly Between $160,000 and $180,000
Single, Head of Household, or Qualifying Widow(er) Between $80,000 and $90,000

These are the phaseout ranges for the Lifetime Learning Credit, based on your AGI:
Filing Status Phaseout Range
Married Filing Jointly Between $118,000 and $138,000
Single, Head of Household, or Qualifying Widow(er) Between $59,000 and $69,000

These are the phaseout ranges for the Education Deduction, based on your income less certain adjustments:
Filing Status Phaseout Range
Married Filing Jointly Between $130,000 and $160,000
Single, Head of Household, or Qualifying Widow(er) Between $65,000 and $80,000

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