Question
Walt and Deloris have two dependent children, Bill and Tiffany.Bill is a freshman at State University, and Tiffany is working on her graduate degree.The couple
Walt and Deloris have two dependent children, Bill and Tiffany.Bill is a freshman at State University, and Tiffany is working on her graduate degree.The couple paid qualified expenses of $3,500 for Bill (who is a half-time student) and $7,000 for Tiffany.What is the amount and type of education tax credits that Walt and Deloris can take, assuming they have no modified AGI limitation?
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
