Question
In 2018, Elaine paid $2,840 of tuition and $800 for books for her dependent son to attend State University this past fall as a freshman.
In 2018, Elaine paid $2,840 of tuition and $800 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?
c. Elaines AGI is $200,500.
American opportunity credit =_______
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
4th Canadian Edition
1119709490, 9781119709497
