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eBook Income Tax Credits (LO. 6) Martina is single and has two children in college. Matthew is a sophomore and Christine is in her

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eBook Income Tax Credits (LO. 6) Martina is single and has two children in college. Matthew is a sophomore and Christine is in her fifth year of college. In 2020, Martina pays $3,600 in tuition and fees for Matthew, $700 for textbooks, and $2,000 for his row and board. Christine's tuition and fees are $4,800, her textbooks are $550, and her room and board expenses an $1,800. Martina's adjusted gross income is $63,000. a. Martina can claim 2,500 X as a tax credit for the higher education expenses. Feedback Check My Work Eligible taxpayers who incur expenses for higher education can elect to claim one of two tax credits. b. Assume that Martina's adjusted gross income is $83,000, then she can claim $ for the higher education expenses. 1,750 as a tax credit Feedback Check My Work Correct

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