adams employer offers a reimbursement program for tuition expenses. adam received $3,000 in reimbursement…

adams employer offers a reimbursement program for tuition expenses. adam received $3,000 in reimbursement for graduate school tuition. can adam still claim the lifetime learning credit? no, because it is a graduate program. yes, but he can only on expenses not reimbursed. no, because adam received a reimbursement. yes, adam can claim the full amount.

adams employer offers a reimbursement program for tuition expenses. adam received $3,000 in reimbursement for graduate school tuition. can adam still claim the lifetime learning credit? no, because it is a graduate program. yes, but he can only on expenses not reimbursed. no, because adam received a reimbursement. yes, adam can claim the full amount.

Answer

Brief Explanations:

The lifetime learning credit is available for qualified education expenses. If an employer reimburses part of the tuition, the non - reimbursed portion can still be used to claim the credit. Adam received a reimbursement of $3000. So, he can claim the credit on the non - reimbursed expenses (if any).

Answer:

Yes, but he can only on expenses not reimbursed.