Janie graduates from high school in 2012 and enrolls in college in the fall. Her parents pay
Question:
a. Assuming Janie's parents have AGI of $170,000, what is the American Opportunity credit they can claim for Janie?
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b. Assuming Janie's parents have AGI of $75,000, what is the American Opportunity credit they can claim for Janie?________________________________________________
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a 1250 Janies total American Opportunity credit will be 100 of 2000 plus 25 of 2...View the full answer
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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