This includes Pell Grants, the American Opportunity Credit, the Lifetime Learning Credit and eligibility for student loan deferment, which are all available to qualifying enrolled students.
What does LLC stand for?
LLC stands for Lifetime Learning Credit
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of LLC
We have 300 other meanings of LLC in our Acronym Attic
- Learning-Linked Characteristic
- Leather Leadership Conference
- Left Lane Camper (slow driver in passing lane)
- Lend Lease Corporation
- Lens and Lights Club (Worcester Polytechnic Institute)
- Lessons-Learned Committee
- Lessons-Learned Conference
- Leucemia Linfoide Cronica (Spanish: Chronic Lymphocytic Leukemia)
- Lewis Lung Carcinoma
- Library and Learning Commons (various schools)
Samples in periodicals archive:
The lifetime learning credit is 20% of the first $10,000 of qualified educational expenses (Sec.
The Lifetime Learning Credit percentage in the disaster zones also increases from 20 percent to 40 percent up to $4,000.
The Lifetime Learning credit helps with any college, graduate school and individual course expenses (even sports or hobby expenses assuming they will improve your job skills).
The Hope Credit and the Lifetime Learning Credit reduce federal income taxes based on qualified education expenses, which include tuition and certain required fees, less certain grants and scholarships received.
In 2002, those eligible for the Lifetime Learning credit could take a federal income tax credit of up to 20 percent for the first $5,000 and 20 percent of the first $10,000 of tuition expenses and required fees paid out of pocket thereafter, making the maximum credits $1,000 and $2,000, respectively.
The deductibility of health insurance premiums to small business owners is discussed, as are education expenses and the lifetime learning credit.