Ray's Accountant Informed Him That He Qualifies for the American

Ray's accountant informed him that he qualifies for the American opportunity tax credit because he is a full-time student at the local university. Assuming Ray qualifies for a $2,500 tax credit, this means the credit will

A) reduce his taxes owed by $2,500.
B) reduce his taxable income by $2,500.
C) increase his itemized deductions by $2,500.
D) guarantee him a tax refund of $2,500.