Get 2011 Form 8863 - Stratagee.com

Filing the 2011 Form 8863 is an essential step for individuals seeking education credits in the United States. This guide will provide clear instructions for filling out the form online, ensuring you can successfully claim the American Opportunity and Lifetime Learning credits.

Follow the steps to fill out the 2011 Form 8863 online

1. Press the ‘Get Form’ button to access the form and open it in your digital editor.
2. Enter your social security number and the names shown on your tax return in the designated fields at the top of the form.
3. In Part I, provide the student’s name and social security number as indicated. List any qualified expenses, ensuring this does not exceed $4,000 for each student.
4. Calculate the adjusted amount by subtracting $2,000 from your qualified expenses and then multiply the result by 25%. This will give you the tentative American Opportunity credit.
5. If you have other students for whom you wish to claim the Lifetime Learning credit, proceed to Part II. Record the necessary details for each student as specified.
6. Calculate the total qualified expenses for the Lifetime Learning credit section, making sure to follow the guidelines closely.
7. In Part III, enter any necessary information for the refundable American Opportunity credit, ensuring you adhere to the income limits described.
8. Complete Part IV by recording any nonrefundable education credits you may have, followed by calculating the final amounts to claim on your tax return.
9. Once all sections have been accurately filled out, you can save changes, download the form for your records, print a physical copy, or share it as needed.

Don't delay, start filing your education credits online today!