Steve goes to Tri-State University and pays $40,000 in tuition.Steve works a part-time job to pay for his schooling and has an AGI of $17,000.How much is his American Opportunity tax credit?
A) $2,000
B) $2,500
C) $4,000
D) $1,000
E) He does not qualify for the American Opportunity tax credit.
Correct Answer:
Verified
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