Joan, a single mother, has AGI of $61,500 in 2019. In September 2019, she pays $5,000 in

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Joan, a single mother, has AGI of $61,500 in 2019. In September 2019, 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 2019? 

a. $0 

b. $1,250 

c. $2,125 

d. $2,500 

e. Some other amount

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Income Tax Fundamentals 2020

ISBN: 9780357108239

38th Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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