Get 8863 Form

Filling out the 8863 Form online is essential for claiming education credits, such as the American Opportunity and Lifetime Learning Credits. This guide provides a step-by-step approach to assist users in completing the form accurately and efficiently.

Follow the steps to effectively complete the 8863 Form online.

1. Click ‘Get Form’ button to access the 8863 Form online and open it in your preferred editor.
2. Begin completing Part I by entering your social security number and the names shown on your return in the designated fields.
3. Complete Part III for each student for whom you are claiming a credit before you proceed with Parts I and II. Make sure to gather all necessary information regarding each student's educational institution.
4. For the Refundable American Opportunity Credit, start by providing the total amounts from each student’s Part III on line 1. Follow the instructions to enter your adjusted gross income and related calculations.
5. Continue through the calculations in Part I, ensuring all entries follow the provided guidelines, such as determining if your income permits the credits based on the thresholds indicated.
6. Now move on to Part II for Nonrefundable Education Credits. Remember to sum amounts from Part III and fill in lines 10 through 18 as applicable, according to your educational expenses.
7. Finalize Part III by filling in the details for each student, including their name, social security number, and information about the educational institutions. Ensure you properly answer any questions regarding the student’s enrollment and prior credits.
8. Review the entire form for accuracy and completeness before you save your changes. Once confirmed, options to download, print, or share the completed form will be available.

Start completing your 8863 Form online today to maximize your education credits!