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7, 1075 10.LO 75 In September 2019, Sam pays $6.200 to take a course to improve his job skills to qualify for a new position

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7, 1075 10.LO 75 In September 2019, Sam pays $6.200 to take a course to improve his job skills to qualify for a new position at work. Assuming there is no phase-out of the credit, his lifetime learning credit for 2019 : The American Opportunity tax credit is 100 percent of the first of tuition and fees paid and 25 percent of the next a. 3600; $1200 b. 51.100:5550 c. $2,000 $2,000 d. $1,100 $5.500 e. None of the above a $220 b. $1,240 $2.500 d. $6,200 e. None of the above 11.10 7.5 8. LO 7.5 In November 2019, Simon pays $1,000 to take a course to improve his job skills to quality for a new position at work. Simon's employer reimbursed him for the cost of the course. For 2019, Simon's lifetime learning credit is Jane graduates from high school in June 2019. In the fall she enrolls for twelve was a State University State University center students who take twelve or more units to be fall time. Jane's father pays her tuition and fees of $2.500 for the fall semester and in December 2019 prepays $2,500 for the spring ester. In 2019, the American Opportunity tax credit for Jane's buition and fees before any AGIlimitation b. 3500 $1,000 d. $2.500 e. None of the above a $5.000 h. $2.500 d. 51100 e. Some other amount 12. LO 75 John, a single father, has Age of 581,000 in 2019. During the year, he pays $4,000 in qualified taltion for his dependent son, who just started attending Small University. What is joha Americas Opportunity tax credit for 20197 9. LO 7.5 Which of the following costs is not a qualified udec Americas Opportunity tax credit d. $2.500 Se other amount Ccourse-related books dlab supplies required by the course

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