Question Content Area a. Assuming Janie's parents have AGI of $165,600, what is the American Opportunity tax credit they can claim for Janie? $fill in the blank fd3318fe0f9500f_1 Question Content Area b. Assuming Janie's parents have AGI of $66,240, what is the American Opportunity tax credit they can claim for Janie? $fill in the blank fa1f44f99032fa3_1
Question Content Area a. Assuming Janie's parents have AGI of $165,600, what is the American Opportunity tax credit they can claim for Janie? $fill in the blank fd3318fe0f9500f_1 Question Content Area b. Assuming Janie's parents have AGI of $66,240, what is the American Opportunity tax credit they can claim for Janie? $fill in the blank fa1f44f99032fa3_1
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 19CE
Related questions
Question
Education Tax Credits (LO 7.5)
Janie graduates from high school in 2021 and enrolls in college in the fall. Her parents (who file a joint return) pay $11,475 for her tuition and fees.
If required, round your computations to the nearest whole value.
Question Content Area
a. Assuming Janie's parents have AGI of $165,600, what is the American Opportunity tax credit they can claim for Janie?
$fill in the blank fd3318fe0f9500f_1
Question Content Area
b. Assuming Janie's parents have AGI of $66,240, what is the American Opportunity tax credit they can claim for Janie?
$fill in the blank fa1f44f99032fa3_1
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