Question: Andre (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC) His parents will claim him
Andre (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC) His parents will claim him as a dependent on their jointly filed 2019 return Their adjusted gross income is $120,000, and they paid $13,000 for Andre's tuition during the year What is the maximum AOTC Andre's parents may be eligible to receive?
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American Opportunity Tax Credit AOTC is a tax credit given to taxpayers by the government through ... View full answer
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