Problem 9-42 (LO. 5)

In each of the following independent situations, determine how much, if any, qualifies as a deduction for AGI under 222 (qualified tuition and related expenses).

If an amount is zero, enter "0".

Click here to access Exhibit 9.1.

a. Lily is single and is employed as an architect. During 2016, she spends $4,100 in tuition to attend law school at night. Her MAGI is $64,000. How much is her deduction for AGI under 222 (qualified tuition and related expenses)?

b. Liam is single and is employed as a pharmacist. During 2016, he spends $2,400 ($2,100 for tuition and $300 for books) to take a course in herbal supplements at a local university. His MAGI is $81,000. How much is his deduction for AGI under 222 (qualified tuition and related expenses)?

c. Hailey is married and is employed as a bookkeeper. She spends $5,200 for tuition and $900 for books and supplies in her pursuit of a bachelor's degree in accounting. Her MAGI is $40,000 on the separate return she files. How much is her deduction for AGI under 222 (qualified tuition and related expenses)?

d. John spends $6,500 of his savings on tuition to attend Carmine State College. John is claimed as a dependent by his parents. How much is his deduction for AGI under 222 (qualified tuition and related expenses)?

e. How much, if any, of the above amounts not allowed under 222 might otherwise qualify as a deduction from AGI?

a. Lily: $ b. Liam: $ c. Hailey: $ d. John: $