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Lifetime Learning Credit 1. What are the eligibility requirements for this credit/deduction? (e.g. dependency, pay the expens

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1- Eligible Individuals include,taxpayer,spouse and taxpayer's dependents.

2-Limit is upto $2000 per tax return.

3-No, other expense you can claim other than tuition and enrollment fees.

4-a) A course in Eligible Education Institution.

b) Higher education course or courses to get a degree or other recognized education credential or to get or improve the job skills.

5-Filing status should be individual single or married jointly filing return.

6-AGI phase out when reaches between $58000 and $68000($116000 and $136000 if you filing joint return).

You can't claim credit if your AGI is $68000 or more ($136000 or more if you filing joint return)

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