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(who is a half-time student) and $7,800 for Tiffany. Required: a. What education tax credits are available if Walt and Deloris report modified AGI of

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(who is a half-time student) and $7,800 for Tiffany. Required: a. What education tax credits are available if Walt and Deloris report modified AGI of $123,700? b. What education tax credits are available if Walt and Deloris report modified AGI of $123,700 and Tiffany is taking one class a semester (is less than a half-time student) and not taking classes in a degree program? Answer is complete but not entirely correct. Complete this question by entering your answer in the tabs below. Required a Required b What education tax credits are available if Walt and Deloris report modified GI of $123,700? (Do not round Intermedi calculations, Round your final answers to the nearest whole dollar amount.) Dependent Bal Tiffany Total Amount of Credit Type of Credit $ 2,475 AOTC S 7,800 Lifetime learning credit $ 10,275 Walt and Deloris, who file a joint return, 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 $3,900 for Bill (who is a half-time student) and $7,800 for Tiffany Required: a. What education tax credits are available if Walt and Deloris report modified AGI of $123,700? b. What education tax credits are available if Walt and Deloris report modified AGI of $123,700 and Tiffany is taking one class a semester (is less than a half-time student) and not taking classes in a degree program? Answer is complete but not entirely correct. Complete this question by entering your answer in the tabs below. Required a Required b What education tax credits are available ir Walt and Deloris report modified AGI of $123,7007 (do not round intermedi calculations. Round your final answers to the nearest whole dollar amount.) Dependent Amount of Credit Type of Credit BILI Tiffany Total 2,475 AOTC $ 7,800 Lifetime learning credit $ 10,275

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