Please answer both 1(a) and 1(b), thank you.

You have AGI of $50,000. You have two, twin dependents which are full time students. You paid tuition of $18,000 in the current year, $9,000 for each student. Both students are obtaining their first degree and it is their 5th year of school. They are not convicted of a drug felony. What is the amount of your education credit?

		$2,500
		$4,000
		$5,000
		$3,000
		$2,000

Tina worked in Norway for two months in the current tax year. She earned $80,000 exclusively in the United States and $20,000 exclusively in Norway. Tina had to pay $8,000 in income taxes to Norway. Before considering the Foreign Tax Credit, Tinas federal return is showing a tax liability of $16,000. She calculates that $7,000 of this federal tax is specifically related to the income earned in Norway. What is Tinas Foreign Tax Credit?

		$0
		$8,000
		$16,000
		$7,000