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Arnold a single and has two children in college. Maureen is a sophomore, and Rick in a junior both within their first 4 years of
Arnold a single and has two children in college. Maureen is a sophomore, and Rick in a junior both within their first 4 years of pont secondary education Arnold pays $4.000 in tuition and fees for Maureen and $6,000 for her room and board, Rick's tuition and fees are $2.000, and his room and board expenses are $3.000. Arnolds adjusted gross income is $75.000. What is the maximum amount can be claim as higher education tax credits fether American Opportunity Tax Credits) or the Lifetime Learning Credit O $2.500 53.250 4500 54.750 O 5.000
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