
Form 8863
Department of the Treasury
Internal Revenue Service (99)
Education Credits
(American Opportunity and Lifetime Learning Credits)
▶
Attach to Form 1040 or Form 1040A.
▶
Information about Form 8863 and its separate instructions is at www.irs.gov/form8863.
OMB No. 1545-0074
2016
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 IRefundable American Opportunity Credit
1After completing Part III for each student, enter the total of all amounts from all Parts III, line 30 .1
2Enter: $180,000 if married filing jointly; $90,000 if single, head of
household, or qualifying widow(er) .............
2
3Enter the amount from Form 1040, line 38, or Form 1040A, line 22. If
you're filing Form 2555, 2555-EZ, or 4563, or you're excluding income
from Puerto Rico, see Pub. 970 for the amount to enter ......
3
4Subtractline3 from line 2. Ifzeroorless, stop;you can't take any
education credit ...................
4
5Enter: $20,000 if married filing jointly; $10,000 if single, head of household,
or qualifying widow(er) .................
5
6If 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.
7Multiply 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
8Refundable American opportunity credit. Multiply line 7 by 40% (0.40). Enter the amount here and
on Form 1040, line 68, or Form 1040A, line 44. Then go to line 9 below..........
8
Part IINonrefundable Education Credits
9Subtract line 8 from line 7. Enter here and on line 2 of the Credit Limit Worksheet (see instructions) 9
10After 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
11Enter the smaller of line 10 or $10,000 ....................11
12Multiply line 11 by 20% (0.20) .......................12
13Enter: $131,000 if married filing jointly; $65,000 if single, head of
household, or qualifying widow(er) .............
13
14Enter the amount from Form 1040, line 38, or Form 1040A, line 22. If you're
filing Form 2555, 2555-EZ, or 4563, or you're excluding income from
Puerto Rico, see Pub. 970 for the amount to enter ........
14
15Subtract 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
16Enter: $20,000 if married filing jointly; $10,000 if single, head of household,
or qualifying widow(er) .................
16
17If 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
19Nonrefundable education credits. Enter the amount from line 7 of the Credit Limit Worksheet (see
instructions) here and on Form 1040, line 50, or Form 1040A, line 33..........
19
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 25379M
Form 8863 (2016)