2 3 4 5 6 8 109 108 6 12 13 14 15 16 17 18 19 QUESTION 20 Bradley has two college-age children, Clint, a freshman (his first year in college) at State University, and Abigail, a junior at Northwest University (her third year of college). Both Clint and Abigail are full-time students. Bradley is in graduate school. Clint's expenses for the year are as follows: $3,300 tuition and $500 books and course materials Abigail's expenses for the year are as follows: $7.200 tuition. $1.200 books and course materials, and $4,500 room and board. Bradley paid $4,000 of tuition for graduate school and $600 for books Bradley is married, files a joint tax return, claims both children as dependents, and has a combined AGI with his wife of $126,000 for 2019. Bradley has determined that the available education credits are more beneficial than the available deductions Determine the following: Clint: Which credit should he take? Total eligible expenses: Show calculation of maximum credit allowed: Abigail: Which credit should she take? Total eligible expenses: Show calculation of maximum credit allowed: Bradley Which credit can he take? Total eligible expenses: Show calculation of maximum credit allowed: TTTT Paragraph Ariela (12pt) ET'T, O f Marstraps - : 9.5. T _- Y Click Save and Submit to save and submit. Click Save All Answers to out all answers 2009 Igle 2 3 4 5 6 8 109 108 6 12 13 14 15 16 17 18 19 QUESTION 20 Bradley has two college-age children, Clint, a freshman (his first year in college) at State University, and Abigail, a junior at Northwest University (her third year of college). Both Clint and Abigail are full-time students. Bradley is in graduate school. Clint's expenses for the year are as follows: $3,300 tuition and $500 books and course materials Abigail's expenses for the year are as follows: $7.200 tuition. $1.200 books and course materials, and $4,500 room and board. Bradley paid $4,000 of tuition for graduate school and $600 for books Bradley is married, files a joint tax return, claims both children as dependents, and has a combined AGI with his wife of $126,000 for 2019. Bradley has determined that the available education credits are more beneficial than the available deductions Determine the following: Clint: Which credit should he take? Total eligible expenses: Show calculation of maximum credit allowed: Abigail: Which credit should she take? Total eligible expenses: Show calculation of maximum credit allowed: Bradley Which credit can he take? Total eligible expenses: Show calculation of maximum credit allowed: TTTT Paragraph Ariela (12pt) ET'T, O f Marstraps - : 9.5. T _- Y Click Save and Submit to save and submit. Click Save All Answers to out all answers 2009 Igle