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Business, 10.02.2020 22:24 zookieblu

Education Tax Credits (LO 6.5)

Janie graduates from high school in 2017 and enrolls in college in the fall. Her parents (who file a joint return) pay $4,000 for her tuition and fees.

a. Assuming Janie's parents have AGI of $170,000, what is the American Opportunity tax credit they can claim for Janie? $

b. Assuming Janie's parents have AGI of $75,000, what is the American Opportunity tax credit they can claim for Janie? $

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Education Tax Credits (LO 6.5)

Janie graduates from high school in 2017 and enrolls in c...
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