American Opportunity Tax Credit. She had the following income and educational expenses for the year:...
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American Opportunity Tax Credit. She had the following income and educational expenses for the year: - $15,000 tuition and fees - $14,000 scholarships - $700 for textbooks - $8,000 room and board - $25,000 in wages from the State of Texas To maximize her American Opportunity Tax Credit, how much of the scholarship should she allocate to room and board expenses? $0 $2,300 $2,500 $800
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