skip navigation

Search Help
Navigation Help


Main Topics
A B C D E F G H I
J K L M N O P Q R
S T U V W X Y Z #


FAQs
Forms
Publications
Tax Topics


Comments
About Tax Map
IRS Tax Map 2008
Current IRS Tax Map

taxmap/pubs/p970-018.htm#en_us_publink1000178133

Illustrated Example(p28)


rule
spacer

Jim Grant, a single taxpayer, enrolled full-time at a local college in a Midwestern disaster area to earn a degree in computer science. This is the first year of his postsecondary education. During 2009, he paid $5,000 for his qualified 2009 tuition. He received Form 1098-T (shown below) from the college. He and the college meet all of the requirements for the Hope credit. Jim's MAGI is $37,000. His income tax liability, before credits, is $3,734. He claims no credits other than the Hope credit. He figures his credit of $3,600 as shown on the Form 8863 on pages 29 and 30.
taxmap/pubs/p970-018.htm#en_us_publink1000240868taxmap/pubs/p970-018.htm#en_us_publink1000240869
taxmap/pubs/p970-018.htm#TXMP130540c5
Form 1098-T Jim Grant Text DescriptionForm 1098-T Jim Grant