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Business, 28.03.2022 05:00 montamonta0204

DJ and Gwen paid $3,200 in qualifying expenses for their son, Nikko, who is a freshman attending the University of Colorado. DJ and Gwen have AGI of $170,000 and file a joint return. What is their allowable American Opportunity Tax credit after the credit phaseout based on AGI is taken into account?a. $0.b. $1,150.c. $2,500.d. $3,200.

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