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Bee and Barney Mayberry have $71,500 in gross income and enough allowable deductions to itemize. Their oldest child is about to begin college, and they

Bee and Barney Mayberry have $71,500 in gross income and enough allowable deductions to itemize. Their oldest child is about to begin college, and they are wondering if they may be eligible for any tax credits related to the costs of tuition

and fees.

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Part 1

What credits might the Mayberrys use to reduce their tax liability?(Select all that apply.)

A.

Lifetime Learning Credit.

B.

American Opportunity Credit.

C.

Health-Care Premium Credit.

D.

Adoption Credit.

E.

Child and Dependent Care Credit.

F.

Earned Income Credit.

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