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99.Emilio and Lara have two children who are enrolled full-time at their state college, Wyatt, who is a freshman and Deidra, who is a senior,
99.Emilio and Lara have two children who are enrolled full-time at their state college, Wyatt, who is a freshman and Deidra, who is a senior, are both pursing undergraduate degrees. Emilio and Lara paid tuition of $8,000 for Wyatt and $15,000 for Deidra. Emilio and Lara's AGI is $185,000 and they will file a joint return. Assuming that if they otherwise qualify, what is the maximum education credit that Emilio and Lara can take on their return?
Choose one answer.
a. $5,000 b. $0 c. $2,500 d. $2,000
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