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In 2020 Cornelia, a single taxpayer with AGI of $64,000, spends $25,000 in tuition for her master's degree. What type and amount of education credit
In 2020 Cornelia, a single taxpayer with AGI of $64,000, spends $25,000 in tuition for her master's degree. What type and amount of education credit can she claim?
Select one:
a. $2,500 of American Opportunity Tax Credit
b. $2,000 of Lifetime Learning Credit
c. $1,000 of Lifetime Learning Credit
d. She cannot claim any education credit
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