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Joseph is a freshman at Home State University in 2015. His parents paid $10,000 this year for his tuition. If their AGI for 2015 is

Joseph is a freshman at Home State University in 2015. His parents paid $10,000 this year for his tuition. If their AGI for 2015 is $75,000, they may claim a tuition and fees deduction for $4,000, which will disqualify them from claiming a Hope tax credit for part of the remaining expenses. Discuss?

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