10. LO.3 Paola and Isidora are married; file a joint tax return; report modified AGI of $148,000;...

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10. LO.3 Paola and Isidora are married; file a joint tax return; report modified AGI of

$148,000; and have one dependent child, Dante. The couple paid $12,000 of tuition and $10,000 for room and board for Dante (a freshman). Dante is a full-time student. Determine the amount of the American Opportunity credit for 2021.

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