Education Tax Credits 2026: AOTC and LLC Basics
Sources & Methodology
- Internal Revenue Service (IRS, irs.gov)
- Federal Student Aid (StudentAid.gov)
All figures are estimates based on publicly available data. Use the linked calculators to model your own situation.
Related Calculators
Frequently Asked Questions
What are the two federal education tax credits?▼
The American Opportunity Tax Credit (AOTC) for early undergraduate study and the Lifetime Learning Credit (LLC) for broader study, including part-time and graduate.
Can I claim both in the same year?▼
Not for the same student and the same expenses; the credits have coordination rules, so review IRS guidance.
Where do I find the official rules?▼
IRS Publication 970 and IRS.gov explain current credit amounts, limits, and phase-outs.