How Much Is The Education Tax Credit For 2019. And you cant claim both credits for the same student and the same expenses. Credit Carry forward from Prior Years.
The deduction is 0 2000 or 4000 depending on your Modified Adjusted Gross Income MAGI. Try the Education Tax Credit and Deduction Calculator. 0 if your MAGI exceeds these limits.
Credit Amount for 20202021.
Credit Amount for 20202021. You must meet income limits to be eligible for these credits. Dear Supporters of St. And you cant claim both credits for the same student and the same expenses.