Question
Jose and Alejandra have two children attending private universities. Jeanne is a freshman and Roberto is a junior. Tuition for each of the children was
Jose and Alejandra have two children attending private universities. Jeanne is a freshman and Roberto is a junior. Tuition for each of the children was $10,000 this past year. Jose and Alejandra claim Jeanne and Roberto as dependents on their tax return. Jose and Alejandra have modified adjusted gross income of $170,000. What is the total amount of American Opportunity Credit claimed on Joses and Alejandras joint tax return?
A.$2250
B.$0
C.$5000
D.$2500
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
