About: Lifetime Learning Credit

An Entity of Type: Prize113268146, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

The Lifetime Learning Credit, provided by 26 U.S.C. § 25A(b), is available to taxpayers in the United States who have incurred education expenses. For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis. The credit can be claimed for education expenses incurred by the taxpayer, the taxpayer's spouse, or the taxpayer's dependent.

Property	Value
dbo:abstract	The Lifetime Learning Credit, provided by 26 U.S.C. § 25A(b), is available to taxpayers in the United States who have incurred education expenses. For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis. The credit can be claimed for education expenses incurred by the taxpayer, the taxpayer's spouse, or the taxpayer's dependent. This credit allows for a 20% non-refundable tax credit for first $10,000 of qualified tuition and expenses to be fully creditable against the taxpayer's total tax liability. The maximum amount of the credit is $2000 per household. The credit is available for net tuition and fees (less grant aid) paid for post-secondary enrollment. The credit is available on a per-taxpayer (family) basis, and is phased out at the same income levels as the Hope credit. (en)
dbo:wikiPageExternalLink	https://www.irs.gov/pub/irs-pdf/p970.pdf https://web.archive.org/web/20090727014915/https:/www.irs.gov/individuals/article/0%2C%2Cid%3D96273%2C00.html
dbo:wikiPageID	24059964 (xsd:integer)
dbo:wikiPageLength	3270 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID	1068156181 (xsd:integer)
dbo:wikiPageWikiLink	dbc:Taxation_in_the_United_States dbr:Hope_credit dbc:Tax_credits dbc:Scholarships_in_the_United_States dbc:Student_financial_aid_in_the_United_States dbr:Taxpayer
dbp:wikiPageUsesTemplate	dbt:Short_description dbt:UnitedStatesCode dbt:Use_American_English dbt:Use_mdy_dates
dcterms:subject	dbc:Taxation_in_the_United_States dbc:Tax_credits dbc:Scholarships_in_the_United_States dbc:Student_financial_aid_in_the_United_States
rdf:type	yago:WikicatScholarshipsInTheUnitedStates yago:Abstraction100002137 yago:Acquisition113253255 yago:Act100030358 yago:Action100037396 yago:Aid113265904 yago:Change100191142 yago:ChangeOfMagnitude100351485 yago:Decrease100351638 yago:Event100029378 yago:Gift113265011 yago:Possession100032613 yago:Prize113268146 yago:PsychologicalFeature100023100 yago:Relation100031921 yago:YagoPermanentlyLocatedEntity yago:Scholarship113266170 yago:TaxCredit113378968 yago:TransferredProperty113252973 yago:WikicatTaxCredits
rdfs:comment	The Lifetime Learning Credit, provided by 26 U.S.C. § 25A(b), is available to taxpayers in the United States who have incurred education expenses. For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis. The credit can be claimed for education expenses incurred by the taxpayer, the taxpayer's spouse, or the taxpayer's dependent. (en)
rdfs:label	Lifetime Learning Credit (en)
owl:sameAs	freebase:Lifetime Learning Credit yago-res:Lifetime Learning Credit wikidata:Lifetime Learning Credit https://global.dbpedia.org/id/4podY
prov:wasDerivedFrom	wikipedia-en:Lifetime_Learning_Credit?oldid=1068156181&ns=0
foaf:isPrimaryTopicOf	wikipedia-en:Lifetime_Learning_Credit
is dbo:wikiPageRedirects of	dbr:Lifetime_Learning_Tax_Credit
is dbo:wikiPageWikiLink of	dbr:Student_and_Family_Tax_Simplification_Act dbr:Hope_credit dbr:Form_1098-T dbr:Taxpayer_Relief_Act_of_1997 dbr:Lifetime_Learning_Tax_Credit
is foaf:primaryTopic of	wikipedia-en:Lifetime_Learning_Credit