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Question Ask a new Question Shelly, single, is a full-time elementary school teacher. She is interested in learning the basics of information technology to improve
Question Ask a new Question
Shelly, single, is a full-time elementary school teacher. She is interested in learning the basics
of information technology to improve her current job skills and enrolled in a couple of IT courses
at the local college. Shelly paid $3,500 for tuition and fees and $300 for textbooks from a local
bookstore (not required by the institution). She received a Form 1098-T. Her AGI is $56,000
and her tax liability on Form 1040, line 11 is $5,625. Shelly has never been convicted of a
felony for possessing or distributing a controlled substance. Which education credit is Shelly
eligible to claim and for what amount?
a) American Opportunity Credit; $2,375
b) American Opportunity Credit; $2,450
c) Lifetime Learning Credit; $700
d) Lifetime Learning Credit; $760
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