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Question Harry is single and attends the University of Northeast law school. He pays $15,000 in tuition for 2022. His AGI for 2022 is $75,000.
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Harry is single and attends the University of Northeast law school. He pays $15,000 in tuition for 2022. His AGI for 2022 is $75,000. How much of a Lifetime Learning Credit can he claim in 2022? | |||||
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Question
Shelly has $200,000 of QBI from her local jewelry store. Shelly is a sole proprietor. Shelly's spouse earned $75,000 of wages as an employee. Their taxable income on their joint return is $320,000. How much of a QBI deduction can be claimed on their joint return for 2022? | ||||
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