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38. In the fall of 2021, Latrell, an unmarried taxpayer, went back to school to...

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Accounting

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38. In the fall of 2021, Latrell, an unmarried taxpayer, went back to school to earn a master of accountancy degree. He incurred $12,000 of qualified educational expenses and his modified AGI for the year was $45,000. His Lifetime Learning Credit is A) $1,000 B) $1,400 C) $1,800 D) $2,000

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