Question
In 2017, Elaine paid $2,800 of tuition and $640 for books for her dependent son to attend State University this past fall as a freshman.
In 2017, Elaine paid $2,800 of tuition and $640 for books for her dependent son to attend State University this past fall as a freshman. Elaine files a joint return with her husband. What is the maximum American opportunity credit that Elaine can claim for the tuition payment and books in each of the following alternative situations?
a. what is Elaine AGI at $83,200.
b. what is Elaine AGI at $166,000
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Audit Guide Audit Sampling
Authors: AICPA
2nd Edition
195068833X, 978-1950688333
