Jeffrey was age 23 on 12 3118. He was a full-time student and completed his 4th year of college in May 2018. His Spring semester was paid for in December of the prior year and credited on those expenses have been claimed on the prior year's return. After graduation, he was Iowa to find employment, so he moved back in with his parents and enter graduate school in the following 2018. Jeffrey's parents are claiming him as dependent on their tax return, and may had an AGI of $57,000 Jeffrey received a 1098-T from the college with Box 9 checked(graduate student). Which of the statement is correct?

a) Jeffrey's parents will claim them as independent and are eligible to take a Lifetime Learning Credit.

b) Jeffrey's parents will claim them as independent and are eligible to take American Opportunity Credit.

c) Jeffrey's parents will claim the message and then may take American opportunity credit for the expenses for Jeffrey's 4th year in college and take a lifetime learning credit for Jeffrey's graduate school expenses in 2018.

d) Jeffrey's parents will claim him as independent but I am eligible to claim either an American Opportunity Credit or Lifetime Learning Credit for 2018.