Problem $7-19($Algorithmic$)$

Education Tax Credits $($LO $7\mathrm{.}5)$

Janie graduates from high school in $2023$ and enrolls in college in the fall. Her parents $($who file a joint return$)$ pay $$10,225$ for her tuition and fees.

If required, round your computations to the nearest whole value.

Question Content Area

a$.$ Assuming Janie's parents have AGI of $$172,600,$ what is the American Opportunity tax credit they can claim for Janie?

fill in the blank $1$ of $1$$

Question Content Area

b$.$ Assuming Janie's parents have AGI of $$69,040,$ what is the American Opportunity tax credit they can claim for Janie?

fill in the blank $1$ of $1$$