Question
If Jodi is single with a gross income of $48,750, contributed $2,000 to her traditional 401k, is eligible to claim the American Opportunity Credit of
If Jodi is single with a gross income of $48,750, contributed $2,000 to her traditional 401k, is eligible to claim the American Opportunity Credit of $2,500, and takes the standard deduction of $12,950, what is her adjusted gross income?
44,250
35,800
33,800
46,750
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
