Joe,who is single with modified AGI of $84,000,is sending his son to his first year of college.The total tuition and related payments during the year amounted to $18,000.Joe has not taken advantage of any other type of tax benefit related to educational expenses.His American Opportunity Tax Credit is
A) $0.
B) $1,000.
C) $1,500.
D) $2,500.
Correct Answer:
Verified
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