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5. American Opportunity Tax Credit. D is a single dad and has modified AGI of $52,000. This year D's son begins studying for his
5. American Opportunity Tax Credit. D is a single dad and has modified AGI of $52,000. This year D's son begins studying for his bachelor's degree as a half- time student at Arapahoe County Community College. On September 1, D pays $2,500 in qualified tuition for his son's first semester. Determine the amount of credit available to D.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
