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4. Jack and Jill are married and file jointly for tax year 2018. Jack plans to place his oldest child in college. Jack is confused

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4. Jack and Jill are married and file jointly for tax year 2018. Jack plans to place his oldest child in college. Jack is confused by the tax benefits offered and wants to know what benefits he will qualify for as a result of college for his oldest child? Jack and Jill had $190,000 of combined income in 2018. Their combined income is too high and there are no tax benefits available Jack can qualify for the tuition deduction to reduce taxable income Jack can qualify for the American Opportunity Credit Jack can qualify for the Lifetime Learning Credit

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