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Adjusted Qualified Education Expenses Worksheet (Form 8863 Instructions) for Sean Jones Adjusted Qualified Education Expenses Worksheet (Form 8863 Instructions) 1. Total qualified education expenses paid for or on behalf of the student in 2021 for the academic period . . . . . . . . . . 7,000 2. Less adjustments: a. Tax-free educational assistance received in 2021 allocable to the academic period . . . -0- b. Tax-free educational assistance received in 2022 (and before you file your 2021 tax return) allocable to the academic period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -0- c. Refunds of qualified education expenses paid in 2021 if the refund is received in 2021 or in 2022 before you file your 2021 tax return . . . . . . . . . . . . . . . . . . . . . . . . . . . . -0- 3. Total adjustments (add lines 2a, 2b, and 2c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -0- 4. Adjusted qualified education expenses. Subtract line 3 from line 1. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . 7,000 Credit Limit Worksheet (Form 8863 Instructions) Complete this worksheet to figure the amount to enter on line 19. 1. Enter the amount from Form 8863, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 1,400 2. Enter the amount from Form 8863, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. 1,500 3. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. 2,900 4. Enter the amount from: Form 1040 or 1040-SR, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 1,003 5. Enter the total of your credits from: Schedule 3 (Form 1040), lines 1, 2, 4, and 6I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. -0- 6. Subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. 1,003 7. Enter the smaller of line 3 or line 6 here and on Form 8863, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. 1,003 Page 76 Publication 970 (2021)