Joan, a single mother, has AGI of $92,000 in 2022. In September 2022, she pays $5,000 in

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Joan, a single mother, has AGI of $92,000 in 2022. In September 2022, she pays $5,000 in qualified tuition for her dependent son who just started at Big University. What is Joan’s American Opportunity credit for 2022?

a. $0

b. $1,250

c. $2,125

d. $2,500

e. Some other amount

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Feb 28, 2023 07:27 AM

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Joan, a single mother, has AGI of $92,000 in 2022. In September 2022, she pays $5,000 in

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Income Tax Fundamentals 2023

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