10. Joan, a single mother, has AGI of $85,000 in 2010. In September 2010, she pays $5,000...

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10. Joan, a single mother, has AGI of $85,000 in 2010. In September 2010, she pays $5,000 in qualified tuition for her dependent son who just started at Big University (BU).

What is Joan’s American Opportunity credit for 2010?

a. $1,650

b. $1,485

c. $990

d. $1,250

e. Some other amount LO 6.4

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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