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Exercise 12-18 (Algorithmic) (Lo. 4) Paolo and Isadora Shaw are married, file a joint tax return, and have one dependent child, Dante. The Shaws report
Exercise 12-18 (Algorithmic) (Lo. 4) Paolo and Isadora Shaw are married, file a joint tax return, and have one dependent child, Dante. The Shaws report modified AGI of $132,830. The couple paid $6,690 of tuition and $10,425 for room and board for Dante, a full-time first-year student at Serene College. For 2018, Paola and Isidora may claim an American Opportunity Credit of Feedback Check My Work The American Opportunity Credit is one of two educational credits available to help qualifying low- and middle-income individuals defr cost of higher education. The credit is subject to income limitations
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