Question
Wendy has twins, Robert and Richard, who are in their first and third years of school at accredited universities. In 2020, she paid $10,000 in
Wendy has twins, Robert and Richard, who are in their first and third years of school at accredited universities. In 2020, she paid $10,000 in qualified educational expenses for Robert and $2,200 for Richard. Wendy files as head of household with an AGI of $84,000. What amount of American opportunity credit may she claim?
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Financial Accounting A User Perspective
Authors: Robert E. Hoskin, Maureen R. Fizzell, Donald C. Cherry
4th Canadian Edition
0470834455, 978-0470834459
