Ashley is a junior at State College. To offset the cost of attending college full$-$time, Ashley has a part$-$time job. During the tax year, Ashley earned $$9,000.$ Her parents also provided some support for her and claimed her on their tax return. During the tax year, Ashley paid $$3,000$ of her tuition bill and her parents paid $$3,000.$ Ashley also paid for her own books, which cost $$500.$ Her parents helped her by paying part of her rent and grocery bills. After reading about refundable tax credits, Ashley realized that she or her parents were eligible to claim the American Opportunity Credit.

Instructions

What is Ashley$$s filing status, standard deduction amount, and taxable income for the year? Remember that she is claimed on her parents$$ tax return.

How much tax will be assessed to Ashley based on her taxable income calculated in part a$?$

If Ashley were to be able to claim the American Opportunity Credit, how much would the refundable and nonrefundable portions of the credit total? Can Ashley claim the American Opportunity Credit?

If Ashley$$s parents were to be able to claim the American Opportunity Credit, how much would the refundable and nonrefundable portions of the credit total? Assume that Ashley$$s parents have an assessed tax of $$5,000.$ Can Ashley$$s parents claim the American Opportunity Credit?