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! Required Information Problem 8-73 (LO 8-4) (Algo) [The following Information applies to the questions displayed below.] In 2023, Laureen is currently single. She paid
! Required Information Problem 8-73 (LO 8-4) (Algo) [The following Information applies to the questions displayed below.] In 2023, Laureen is currently single. She paid $2,520 of qualified tuition and related expenses for each of her twin daughters Sherl and Merl to attend State University as freshmen ($2,520 each, for a total of $5,040). Sherl and Merl qualify as Laureen's dependents. Laureen also paid $1,810 for her son Ryan's (also Laureen's dependent) tultion and related expenses to attend his Junior year at State University. Finally, Laureen paid $1,310 for herself to attend seminars at a community college to help her Improve her job skills. What is the maximum amount of education credits Laureen can claim for these expenditures in each of the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. Problem 8-73 Part c (Algo) c. Laureen's AGI is $45,000, and Laureen paid $12,220 (not $1,810) for Ryan to attend graduate school (l.e., his fifth year, not his Junior year). Description American opportunity tax credit Lifetime learning credit 5 $ Credits 8,260 272
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