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George and Janet Morton pay $8,000 of tuition and fees for their daughter, Shauna who attends a local university. George and Janet file a joint

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George and Janet Morton pay $8,000 of tuition and fees for their daughter, Shauna who attends a local university. George and Janet file a joint return and have a combined modified AGI of $140,000. Regarding the Tuition and Fees deduction, which of the following statements are true? PICK ALL THAT APPLY!! George and Janet may take an itemized deduction for this expenditure. George and Janet may take a deduction FOR AGI (an Adjustment to Income). George and Janet may not take a deduction for this expenditure. George and Janet may take a $4,000 deduction for this expenditure. George and Janet may take a $2,000 deduction for this expenditure

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