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lifetime learning credit

 - 1 dictionary result
Financial Dictionary

Lifetime Learning Credit

A federal initiative whereby a person is eligible for a non-refundable credit for a specific amount spent on higher education tuition and fees during the year.

Investopedia Commentary

These fees can be for the person, his or her spouse, or his or her dependents.

See also: Full-Time Student, Qualified Higher Education Expense, Student Loan Interest Deduction

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