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2011 Instructions for Form 8863 Department of the Treasury Internal Revenue Service Education Credits (American Opportunity and Lifetime Learning Credits) Section references are to the Internal Revenue
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What is form 8863?
Form 8863 is an IRS form used to claim education credits on your federal tax return.
Who is required to file form 8863?
Individuals who paid for qualified education expenses and are eligible to claim education credits, such as the American Opportunity Credit or Lifetime Learning Credit, are required to file form 8863.
How to fill out form 8863?
To fill out form 8863, you will need to provide information about the taxpayer, educational institution, and the amount of qualified education expenses paid. You will also need to calculate the amount of education credits you are eligible for.
What is the purpose of form 8863?
The purpose of form 8863 is to determine the amount of education credits an individual is eligible for and to report the necessary information to the IRS.
What information must be reported on form 8863?
Form 8863 requires the reporting of the taxpayer's information, such as name and social security number, as well as the educational institution's information. Additionally, you must report the amount of qualified education expenses paid.
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