5. Jim spent four years earning his undergraduate degree at a local university. He began his first...
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5. Jim spent four years earning his undergraduate degree at a local university. He began his first year of law school in January of the current year. Assuming he is under the phaseout limitation, what education tax credit is Jim eligible for in the current year?
a. American Opportunity credit
b. Earned income credit
c. Lifetime learning credit
d. Professional education and training credit
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Related Book For
Essentials Of Taxation Individuals And Business Entities
ISBN: 233160
1st Edition
Authors: Nellen/Young/Raabe/Maloney
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