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Maria is a full-time student at State College who just completed her second year of college. She is not claimed by her parents. She incurred
Maria is a full-time student at State College who just completed her second year of college. She is not claimed by her parents. She incurred the following costs: tuition and fees of $8,000, books for classes $800, the housing of $9,000. She also works part-time. She received $13,800 as a distribution from her 529 plan. Her tax liability from her earned income is $1,200. What is her American Opportunity Credit on her tax return?
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
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