Page 7

educational institution (defined earlier), or took a full-time, on-farm training course given by such an institution or by a state, county, or local government agency. Part II—Nonrefundable Education Credits Line 9 Enter the amount from line 9 on the Credit Limit Worksheet, line 2, later. Line 10 Enter the amount from Part III, line 31. If you're claiming the lifetime learning credit for more than one student, add the amounts from each student's Part III, line 31, and enter the total for all those students on line 10. Line 14 Generally, your MAGI is the amount on your Form 1040 or 1040-SR, line 11. However, if you're filing Form 2555, or Form 4563, or are excluding income from Puerto Rico, you must include on line 14 the amount of income you excluded. For details, see Pub. 970. Line 18 Enter the amount from line 18 on the Credit Limit Worksheet, line 1, later. Line 19 Enter the amount from line 7 of the Credit Limit Worksheet here and on Schedule 3 (Form 1040), line 3. Credit Limit Worksheet Complete this worksheet to figure the amount to enter on line 19. 1. Enter the amount from Form 8863, line 18 . . . . . . . . . . . . . . . . . . . . . 1. 2. Enter the amount from Form 8863, line 9 . . . . . . . . . . . . . . . . . . . . . . 2. 3. Add lines 1 and 2 . . . . . . . . . . . . . . 3. 4. Enter the amount from: Form 1040 or 1040-SR, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 5. Enter the total of your credits from: Schedule 3 (Form 1040), lines 1, 2, 6d and 6l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. 6. Subtract line 5 from line 4 . . . . . . . . . 6. 7. Enter the smaller of line 3 or line 6 here and on Form 8863, line 19 . . . . . . . . 7. You must complete Part III for each student for whom you're claiming either the American opportunity credit or lifetime learning credit before you complete either Part I or Part II. Use additional copies of page 2 as needed for each student. CAUTION ! Part III—Student and Educational Institution Information Line 20 Enter the student's name as shown on page 1 of your tax return. Line 21 Enter the student’s social security number (or other TIN, if applicable) as shown on page 1 of your tax return. Line 22 If the student attended only one educational institution, enter the information about the institution and answer the questions about Form 1098-T in column (a). If the student attended a second educational institution, enter the information and answers for the second educational institution in column (b). If the student attended more than two educational institutions, attach an additional page 2 completed only through line 22. If the educational institution has a foreign address, enter the foreign address here and don't abbreviate the country name. Follow the country's practice for entering the postal code and name of the province, country, or state. The educational institution's EIN must be provided on line 22(4) if the American opportunity credit is claimed for this student. Line 23 If the American opportunity credit has been claimed for this student for any 4 tax years before 2021, the American opportunity credit cannot be claimed for this student for 2021. Check “Yes” and go to line 31. If the American opportunity credit has been claimed for this student for 3 or fewer prior tax years, check “No.” See Student qualifications, earlier. Line 24 Check “Yes” if the student enrolled at least half-time for at least one academic period that began or is treated as having begun (see below) in 2021 at an eligible educational institution in a program leading towards a postsecondary degree, certificate, or other recognized postsecondary educational credential. Otherwise, check “No.” If any qualified education expenses for the student were paid in 2021 for an academic period beginning in the first 3 months of 2022, treat that academic period as if it began in 2021. See Student qualifications and Prepaid Expenses, earlier. If you checked “Yes,” go to line 25. If you checked “No,” the student isn't eligible for the American opportunity credit; skip lines 25 through 30 and go to line 31. Line 25 Check “Yes” if the student completed the first 4 years of postsecondary education before 2021. Otherwise, check “No.” A student has completed the first 4 years of postsecondary education before 2021 if the educational institution has awarded the student 4 years of academic credit at that institution for postsecondary coursework the student completed before 2021. Disregard any academic credit awarded solely on the basis of the student's performance on proficiency examinations. If you checked “No,” go to line 26. If you checked “Yes,” the student isn't eligible for the American opportunity credit; skip lines 26 through 30 and go to line 31. Instructions for Form 8863 (2021) -7-