Lifetime learning credit

The lifetime learning credit is allowed for certain tuition and other expenses that have been paid by students enrolled in qualified educational institutions. The credit is for up to $2,000 per annual tax return, and can be claimed in relation to college courses and job skills training. To be eligible for the credit, a student must:

  • Be enrolled at an eligible educational institution
  • Be working on a degree or other education credential, or enhancing job skills
  • Be enrolled for at least one academic period that begins in the tax year

Related Courses

Family Tax Planning