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In the fall of 2018 , Tatiana went back to school to earn a master of business degree. She incurred $8,000 of qualified educational expenses
In the fall of 2018, Tatiana went back to school to earn a master of business degree. She incurred $8,000 of qualified educational expenses and her modified AGI for the year was $50,000. Her Lifetime Learning Credit is
A) $1,000.
B) $1,400.
C) $1,600.
D) $2,500.
Please give the necessary description for my quick understanding!
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