• Under Part V: Nonrefundable Education Credits
• 17. Subtract line 16 from line 15field contains 0
• 18. Add line 4 and line 8c. If you have no entry on these lines, skip lines 19 through 24, and enter the amount from line 17 on line 25field contains 900
• 19. Enter: $120,000 if married filing jointly; $60,000 if single, head of household, or qualifying widow(er)field contains 60,000
• 20. Enter the amount from Form 1040, line 38*, or Form 1040A, line 22field contains 27,000
• 21. Subtract line 20 from line 19. if zero or less, skip lines 22 and 23, and enter zero on line 24.field contains 33,000
• 22. Enter $20,000 if married filing jointly; $10,000 if single, head of household, or qualifying widow(er)field contains 10,000
• 23. If line 21 is: (bullet) Equal to or more than line 22, enter the amount from line 18 on line 24 and go to line 25. (bullet) Less than line 22, divide line 21 by line 22. Enter the result as a decimal (rounded to at least three places) field contains .000
• 24. Multiply line 18 by line 23field contains 900
• 25. Add line 17 and line 24. If zero, stop; you cannot take any nonrefundable education creditfield contains 900
• 26. Enter the amount from Form 1040, line 46, or Form 1040A, line 28field contains 2,234
• 27. Enter the total, if any, of your credits from: (bullet) Form 1040, line 47, 48, and the amount from Schedule R (Form 1040) entered on line 53, (bullet) Form 1040A, lines 29 and 30field contains 0
• 28. Subtract line 27 from line 26. If zero or less, stop; you cannot take any nonrefundable education creditfield contains 2,234
• 29. Nonrefundable education credits. Enter the smaller of line 25 or line 28 here and on Form 1040, line 49, or Form 1040A, line 31.field contains 900
• Footnote: If you are filing Form 2555, 2555-EZ, or 4563, or you are excluding income from Puerto Rico, see Pub. 970 for the amount to enter.

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