Form 8863
Department of the Treasury
Internal Revenue Service (99)
Education Credits
(American Opportunity and Lifetime Learning Credits)
▶
Attach to Form 1040 or 1040-SR.
▶
Go to www.irs.gov/Form8863 for instructions and the latest information.
OMB No. 1545-0074
2019
Attachment
Sequence No.
50
Name(s) shown on return
Your social security number
▲
!
CAUTION
Complete a separate Part III on page 2 for each student for whom you
’
re claiming either credit before
you complete Parts I and II.
Part I Refundable American Opportunity Credit
1 After completing Part III for each student, enter the total of all amounts from all Parts III, line 30 . . 1
2 Enter: $180,000 if married filing jointly; $90,000 if single, head of household,
or qualifying widow(er) . . . . . . . . . . . . . . . . . .
2
3 Enter the amount from Form 1040 or 1040-SR, line 8b. If you
’
re filing Form
2555 or 4563, or you
’
re excluding income from Puerto Rico, see Pub. 970 for
the amount to enter . . . . . . . . . . . . . . . . . . .
3
4 Subtract line 3 from line 2. If zero or less, stop; you can
’
t take any education
credit . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Enter: $20,000 if married filing jointly; $10,000 if single, head of household, or
qualifying widow(er) . . . . . . . . . . . . . . . . . . .
5
6 If line 4 is:
• Equal to or more than line 5, enter 1.000 on line 6 . . . . . . . . . . . . .
• Less than line 5, divide line 4 by line 5. Enter the result as a decimal (rounded to
at least three places) . . . . . . . . . . . . . . . . . . . . . .
}
. . . 6 .
7 Multiply line 1 by line 6. Caution: If you were under age 24 at the end of the year and meet the
conditions described in the instructions, you can
’
t take the refundable American opportunity credit;
skip line 8, enter the amount from line 7 on line 9, and check this box . . . . . . . .
▶
7
8 Refundable American opportunity credit. Multiply line 7 by 40% (0.40). Enter the amount here and
on Form 1040 or 1040-SR, line 18c. Then go to line 9 below . . . . . . . . . . . . . .
8
Part II Nonrefundable Education Credits
9 Subtract line 8 from line 7. Enter here and on line 2 of the Credit Limit Worksheet (see instructions) . 9
10 After completing Part III for each student, enter the total of all amounts from all Parts III, line 31. If
zero, skip lines 11 through 17, enter -0- on line 18, and go to line 19 . . . . . . . . . . .
10
11 Enter the smaller of line 10 or $10,000 . . . . . . . . . . . . . . . . . . . . . 11
12 Multiply line 11 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Enter: $136,000 if married filing jointly; $68,000 if single, head of household, or
qualifying widow(er) . . . . . . . . . . . . . . . . . . .
13
14 Enter the amount from Form 1040 or 1040-SR, line 8b. If you're filing Form
2555 or 4563, or you
’
re excluding income from Puerto Rico, see Pub. 970 for
the amount to enter . . . . . . . . . . . . . . . . . . .
14
15 Subtract line 14 from line 13. If zero or less, skip lines 16 and 17, enter -0- on
line 18, and go to line 19 . . . . . . . . . . . . . . . . .
15
16 Enter: $20,000 if married filing jointly; $10,000 if single, head of household, or
qualifying widow(er) . . . . . . . . . . . . . . . . . . .
16
17 If line 15 is:
• Equal to or more than line 16, enter 1.000 on line 17 and go to line 18
• Less than line 16, divide line 15 by line 16. Enter the result as a decimal (rounded to at least three
places) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 .
18 Multiply line 12 by line 17. Enter here and on line 1 of the Credit Limit Worksheet (see instructions)
▶
18
19 Nonrefundable education credits. Enter the amount from line 7 of the Credit Limit Worksheet (see
instructions) here and on Schedule 3 (Form 1040 or 1040-SR), line 3 . . . . . . . . . . .
19
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 25379M
Form 8863 (2019)