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Form Steps to Complete IRS 8863 online Carrollton Texas: What You Should Know

Form 8863 — Community Tax Information — IRS Amount of Education Credit Claimed on Form 8863; Amount of Additional Credits Claimed Qualified Education Expenses. Use Form 8863 to figure and claim your education credits, which are based on adjusted qualified education expenses paid to an eligible educational institution. Your  education expenses must be related to qualifying education you took, for which you were eligible. The amounts you report on the IRS Form 8863 are the  amounts you pay that are related to the same eligible education you paid, or to the same educational institution (such as a state school) for which you enrolled. Qualifying Education Expenses. To figure your eligible education expenses, you must first calculate the amount of credits you can claim. If you meet both  requirements listed below, use: Your Adjusted Gross Income (AGI) You can figure your AGI by adding your adjusted gross income (AGI) for the year you paid educational expenses (your AGI for the 2025 tax year is: 36,001 to 41,999 is for single filers; 41,000 to 47,900 is for married filing jointly) to your adjusted gross  income for any prior year. AGI is reported on Schedule A: Income. Add the AGI for the year you claim qualifying educational expenses and: If you filed Schedule A-EZ, add both of the following amounts that are on Schedule A-EZ. Your AGI for 2016, if they have been filed: 36,001 to 41,999; or If you filed a Schedule A-EZ, subtract 35,001 from your AGI for 2016, if they have been filed. If you don't have AGI for  2016, write a column for 2025 on Form 8863. If you can't figure your AGI, your AGI is zero. The table and chart below list all of your education expenses for 2017. The table shows the amount you've paid for the education you took in 2017. This is your qualified education expenses, which are reported on Form 8865. It also shows, in a separate column under “Taxable amount” that we deducted tax for you.

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