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8863 - Education Credits
8863 - Education Credits

Taxwise Online

K
Written by Kenneth Lowe
Updated this week

What is the form used for?

Use Form 8863 to determine and claim your education credits based on qualified education expenses paid to an eligible postsecondary educational institution. There are two education credits.

  • The American Opportunity Credit, part of which may be refundable.

  • The Lifetime Learning Credit is nonrefundable.

Is the form Supported in our program? The 8863 form is available in the 1040 package on both the Online and Desktop platforms.

How to access the form: While in a return, use the Add Form function to add a new 8863 form to the return.

Limits to the form: This form is only available to the 1040 package. However, multiple copies may be supported if multiple students qualify.

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