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Ariana and John, who file a joint return, have two dependent children, Kai and Angel. Kai is a freshman at State University and Angel
Ariana and John, who file a joint return, have two dependent children, Kai and Angel. Kai is a freshman at State University and Angel is working on her graduate degree. The couple paid qualified expenses of $4,060 for Kai (who is a half-time student) and $8,120 for Angel. Required: a. What education tax credits are available if Ariana and John report modified AGI of $174,020? b. What education tax credits are available if Ariana and John report modified AGI of $174,020 and Angel is taking one class a semester (is less than a half-time student) and not taking classes in a degree program? Complete this question by entering your answer in the tabs below. Required a Required b What education tax credits are available if Ariana and John report modified AGI of $174,020? (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.). Amount of Dependent Credit Kai Angel Total $ 0 Type of Credit
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