In 2022, Jeremy and Celeste, who file a joint return, paid the following amounts for their daughter, Alyssa, to attend the University of Colorado during academic year 2022-2023. Alyssa was in her first year of college and attended full-time.

Tuition and fees (for fall semester 2022)	$1,950
Tuition and fees (for spring semester 2023)	1,000
Required books	600
Room and board	1,200

The spring semester at the University of Colorado begins in January. In addition to the above, Alyssas uncle Devin sent $800 for her tuition directly to the University. Jeremy and Celeste have modified AGI of $168,000.

Required:

What is the amount of qualifying expenses for the purposes of the American Opportunity Tax credit (AOTC) in tax year 2022? What is the amount of qualifying expenses and the amount of AOTC that Jeremy and Celeste can claim based on their AGI?

	Amounts
Qualifying expenses for the AOTC	$4,350
AOTC claimable