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Saras daughter Tara completed her senior year of college in 2017. Sara paid $5,000 in qualified education expenses for Tara in 2017. Sara is a

Saras daughter Tara completed her senior year of college in 2017. Sara paid $5,000 in qualified education expenses for Tara in 2017. Sara is a single taxpayer and has an AGI of $50,000 for 2017. What, if any, education credit may Sara claim and how much is the credit?

a.

American Opportunity Tax Credit in the amount of $1,800.

b.

Lifetime Learning Credit in the amount of $2,000.

c.

Sara is not eligible to claim an education credit.

d.

American Opportunity Tax Credit in the amount of $2,500.

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