Lifetime Learning Credit

Lifetime Learning Credit,

What Does Lifetime Learning Credit Mean?

  1. Lifetime Learning Credit (LLC) is a provision in US federal income tax law that allows parents and students to reduce their tax bills to $ 2,000 to cover college tuition expenses.

    • Lifetime Learning Credit (LLC) is for qualifying studies and tuition fees paid by eligible students enrolled in a qualifying educational institution.
    • These loans can help pay for bachelor's, master's and professional degrees, including courses to study or improve your professional skills.
    • There is no limit to the number of years you can apply for a loan. The amount in the tax return is up to $ 2000.

  2. Lifetime Learning Credit means: This can be attributed to the 20% eligible tuition and taxpayer payment fees for each claimant hope school for one year or more for eligible students.

Literal Meanings of Lifetime Learning Credit

Lifetime:

Meanings of Lifetime:
  1. The length of a person's life.

Sentences of Lifetime
  1. Rewards for Lifetime Achievements

Synonyms of Lifetime

time on earth, course of life, lifespan, one's threescore years and ten, allotted span, existence, days, life, one's career, one's time, duration of life, this mortal coil

Learning:

Meanings of Learning:
  1. Acquisition of knowledge or skills through experience, study or teaching.

Sentences of Learning
  1. These children have difficulty learning

Synonyms of Learning

teaching, studying, study, schooling, instruction, education, academic work, tuition, training

Credit:

Meanings of Credit:
  1. Publicly recognizing someone as a production participant (something that has been published or broadcast)

  2. Add to the account (amount of money).

  3. Belief (no wonder or impossible)

  4. The ability of the user to receive goods or services prior to payment based on the belief that payment will be made in the future.

  5. The entries that record the amount received are listed on the right or in the Accounts column.

  6. Public acknowledgment or appreciation, usually given or received when someone's responsibility for an action or idea becomes clear.

  7. Completion of the course or confirmation of the student's activity, which will be given to the title or diploma listed in the school register.

  8. The quality is reliable or credited.

Sentences of Credit
  1. The script is attributed to an American author and two Japanese authors

  2. You may not believe it but it is true

  3. Columns must be included and the debit amount must be equal to the credit amount.

  4. The president claims all the success for himself

  5. Cicero's abstract philosophy lost its popularity

Synonyms of Credit

ascribe, financial status, credibility, impute, put down, reliability, adulation, believe, trust, esteem, approval, have confidence in, glory, credit, regard, chalk up, have faith in, recognition, acclaim, merit