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Jeremy and Domonique are married, file a joint tax return, have AGI of $82,500, and have two children. Genevieve is beginning her freshman year at
Jeremy and Domonique are married, file a joint tax return, have AGI of $82,500, and have two children. Genevieve is beginning her freshman year at State University during fall 2022, and Jada is beginning her senior year at Northeast University during fall 2022 after having completed her junior year during the spring of that year. Both Genevieve and Jada are claimed as dependents on their parents' tax return. Genevieve's qualifying tuition expenses and fees total $4,000 for the fall semester and Jada's qualifying tuition expenses and fees total $6,200 for each semester during 2022. Full payment is made for the tuition and related expenses for both children during each semester. The American Opportunity credit available to Jeremy and Domonique for 2022 is: O $5,000. O $3,000. $6,000 O $2,500
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