Question
In November 2019, Simon pays $1,000 to take a course to improve his job skills to qualify for a new position at work. Simon's employer
In November 2019, Simon pays $1,000 to take a course to improve his job skills to qualify for a new position at work. Simon's employer reimbursed him for the cost of the course. For 2019, Simon's lifetime learning credit is:
a. $500
b. $2,500
c. $1,000
d. None of these answers
Note: $200 is not the correct answer
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
