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Josh is a MFJ taxpayer and decides to return to school to get a graduate degree at night school while still working his full-time job.
Josh is a MFJ taxpayer and decides to return to school to get a graduate degree at night school while still working his full-time job. He is able to take class part time. Josh and his husband have an AGI of $124,000, his tuition costs were $15,000, and his books are $1,500. Josh already attended four years of college and used the American Opportunity Tax Credit all four years. How much of a LTL tax credit is he eligible to take in 2020?
Group of answer choices
$1,500
$2,000
$1,000
None of these amounts.
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