Corbin(20) is a full time student eligible to be claimed as a dependent on his father's return. This year, Corbin incurred $1,600 in education expenses for his tuition. if Corbin's father chooses not to claim Corbin as a dependent on his return, which of the following is TRUE regarding Corbin's return? a)Corbin may not claim an education credit. b)Corbin may be eligible to claim an education credit.
Corbin(20) is a full time student eligible to be claimed as a dependent on his father's return. This year, Corbin incurred $1,600 in education expenses for his tuition. if Corbin's father chooses not to claim Corbin as a dependent on his return, which of the following is TRUE regarding Corbin's return? a)Corbin may not claim an education credit. b)Corbin may be eligible to claim an education credit.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter9: Individuals As Taxpayers
Section: Chapter Questions
Problem 29P
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Corbin(20) is a full time student eligible to be claimed as a dependent on his father's return. This year, Corbin incurred $1,600 in education expenses for his tuition. if Corbin's father chooses not to claim Corbin as a dependent on his return, which of the following is TRUE regarding Corbin's return?
a)Corbin may not claim an education credit.
b)Corbin may be eligible to claim an education credit.
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