Question

What’s the education credit income limit?

Answer

The education credit income limit for The American Opportunity Credit and the Lifetime Learning Credit phase out based on your modified adjusted gross income (AGI). The credits phase out over these AGI ranges:

  • For the American Opportunity Credit the education credit income limit is as follows:
  • The Lifetime Learning Credit phaseout for your modified AGI:
    • Single, head of household, or qualifying widow(er) — $55,000-$65,000
    • Married filing jointly — $111,000-$131,000

Related Topics

Related Resources

Claiming Child And Dependent Care Credits

Can you claim expenses for a disabled adult dependent? Learn more from the tax experts at H&R Block.

What Is an Enrolled Agent or EA?

What does it mean to be an enrolled agent? Learn more about the roles and requirements of enrolled agent (EA) tax preparers at H&R Block.

How Much Does Marketplace Health Insurance Cost?

If you are under 30 and no longer covered by your parents, consider looking into the cost of a catastrophic health insurance plan. Learn more at H&R Block.

Qualifying Child For Your Earned Income Credit

Can you claim a student as a qualifying child on your Earned Income Credit (EIC)? Learn more from the tax experts at H&R Block.