What is the main function of Form 8917?

Form 8917 is specifically designed for individuals to claim the tuition and fees deduction. This deduction allows eligible taxpayers to reduce their taxable income by a specific amount of qualified tuition and fees paid for higher education.

The purpose of this form is to provide the IRS with the necessary information to verify the qualified education expenses that are being claimed. Taxpayers can deduct these expenses for themselves, their spouses, or their dependents, making it a valuable tool for those looking to alleviate some of the financial burdens associated with education costs.

The other options, while related to tax benefits, do not pertain to this specific form. For instance, education credits, such as the American Opportunity Credit and Lifetime Learning Credit, are claimed on different forms, particularly Form 8863. Child and dependent care credits and adoption credits are also filed using separate forms, and thus do not involve Form 8917.