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Sam is single and has an AGI of $48,000 in 2016. He is going for his MS in Accounting and paid $13,000 in tuition for

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Sam is single and has an AGI of $48,000 in 2016. He is going for his MS in Accounting and paid $13,000 in tuition for the year His maximum lifetime learning credit for 2016 is (the phaseout for single is $55,000 - $65,000): a. $2, 500 b. $2,000 C. $800 d. $1, 200 e. none of the above

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