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A married couple files a joint return. During 2019 they pay college tuition and fees for their two dependent children. Before taking the phase-out for
A married couple files a joint return. During 2019 they pay college tuition and fees for their two dependent children. Before taking the phase-out for excess AGI into consideration, the couple has calculated their American opportunity credit to be $2,300. If the couple's AGI is $112,000, their refundable education tax credit equals:
a.1,380
b.0
c.690
d.920
e.1035
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