$2,500 College Educational Tuition Tax Credit American Opportunity Credit vs Life Learning Credit

College Education Credits (Tuition Credit): American Opportunity Tax Credit (AOTC) $2,500 vs. Limited Liability Credit (LLC) Explained $2,000. An education credit helps with the cost of higher education by reducing the amount of tax owed on your tax return. CHECK OUT MY TAX BOOT CAMP PACKAGE DEAL https://www.jjthecpa.com/jjseminarpac...

This video helps answer: Am I Eligible to Claim an Education Credit? If the AOC or LLC credit reduces your tax to less than zero, you may get a refund. These two education credits available: the American opportunity tax credit (AOTC) and the lifetime learning credit (LLC). Don’t overlook these important credits as tax credits are typically better than tax deductions.

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ERTC SEMINAR YOU NEED TO CHECK OUT MORE INFO
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IRS EDUCATIONAL CREDITS INTERACTIVE APP
DO YOU QUALIFY?
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IRS Explains Education Credits--AOTC and LLC
https://www.irs.gov/credits-deduction...

IRS EDUCATION TAX CREDIT INFORMATION
AMERICAN OPPORTUNITY CREDIT
LIFETIME LEARNING CREDIT
https://www.irs.gov/faqs/childcare-cr...

FORM 8863 Education Credits (American Opportunity and Lifetime Learning Credits)
https://www.irs.gov/forms-pubs/about-...

SCHEDULE 3 (FORM 1040)
https://www.irs.gov/pub/irs-pdf/f1040...

FORM 1040
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IRS INFORMATION ON DEPENDENTS
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