9. A married couple has two children in college. The sum of the American opportunity...

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Accounting

9. A married couple has two children in college. The sum of the American opportunity credit before phase out is 5,000. If the couples Modified AGI is $170,000 how much of the credit will be applied against their tax liability? The phase out for MFJ is 160,000 180,000. How much is refundable vs. non-refundable?

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