Kim paid the following expenses during November 2016 for her son Joshua's spring 2016 expenses,which begins in January 2016: Tuition $ 14,000
Housing 8,000
Meal plan 2,500
In addition,Kim's sister paid $800 for college fees on behalf of Joshua directly to the college.Joshua is claimed as Kim's dependent on her tax return.How much of the paid expenses qualify for purposes of the education credit deduction for Kim in 2016?
A) $28,500.
B) $24,000.
C) $14,800.
D) $8,000.
Correct Answer:
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