IRS Announces Processing of Returns Claiming Education Credits by mid-February

The IRS recently announced that taxpayers using Form 8863, Education Credits, can begin filing their tax returns for processing in mid-February. Form 8863 is used to claim two higher education credits – the American Opportunity Tax Credit and the Lifetime Learning Credit. Learn more about tax credits available to you on the Taxpayer Advocate Service (TAS)’s Tax Toolkit.

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