Question
please answer in details : That is everything in the question and There is no more information for that Carey and Corrine are married and
please answer in details : That is everything in the question and There is no more information for that
Carey and Corrine are married and have two children in college. Jason is a sophomore, and Justine is a senior. They pay $2,000 for tuition and fees of Jason, $600 for his books, and $3,000 for his room and board. Justine's tuition and fees are $3,000, her book expense is $800, and her room and board expenses are $2,600. Carey and Corrine's adjusted gross income is $165,000. What amount can they claim as a tax credit for the higher education expenses they pay?
a. | $0 | |
b. | $1,875 | |
c. | $3,450 | |
d. | $4,600 | |
e. | None of the given |
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