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Please answer s://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?inprogress=true Which of the following statements is true regarding the education tax credits? O a. The lifetime learning credit is available for qualifying

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s://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?inprogress=true Which of the following statements is true regarding the education tax credits? O a. The lifetime learning credit is available for qualifying tuition and related expenses incurred by students pursuing only graduate degrees. Ob. Continuing education expenses do not qualify for either education credit. O c. The American Opportunity credit permits a maximum credit of 20% of qualified expenses up to $10,000 per year. Od. The American Opportunity credit is calculated per eligible student and the lifetime learning credit is available per taxpayer

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