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Toby is a first-year student in college during 2020.During 2020, his parents, Susan and Joseph Handy had adjusted gross income (AGI) of $152,000, and Toby's

Toby is a first-year student in college during 2020.During 2020, his parents, Susan and Joseph Handy had adjusted gross income (AGI) of $152,000, and Toby's eligible expenses were $8,500. What is the amount of the American Opportunity Credit that the Handysmay use in 2020?


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