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The maximum amount of the American Opportunity Credit (AOC) is _____ a. $1,650 b. $1,800 c. $2,000 d. $2,500 Marisa may NOT use Form 1040A

The maximum amount of the American Opportunity Credit (AOC) is _____

a. $1,650

b. $1,800

c. $2,000

d. $2,500

Marisa may NOT use Form 1040A to file her 2017 return if ____

a. Her income is from wages and an IRA distribution

b. She received a traditional IRA distribution that resulted in a 10% penalty

c. She qualifies for and reports educator expenses

d. Her taxable income is less than $100,000.

Craig may NOT use Form 1040EZ to file his 2017 return if ____

a. He claims his son, Bronson.

b. His taxable income is less than $100,000

c. His is age 47 and not blind

d. His filing status is single.

Claiming Child and Dependent Care Credit is NOT allowed for taxpayers who are ____

a. Employed

b. Self-Employed

c. Actively searching for employment

d. Married filing separately.

The Child and Dependent Care Credit:

a. Phases out completely when the taxpayers AGI reaches $29,000.

b. Phases out completely when the taxpayers AGI reaches $38,500.

c. Phases out completely when the taxpayers AGI reaches $43,000.

d. Never phases out. There is AGI limit.

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