Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. henry is a single father with a son, kevin, who is

Henry is a single father with a son, Kevin, who is a sophomore in college....

80.2K

Verified Solution

Question

Accounting

Henry is a single father with a son, Kevin, who is a sophomore in college. Henry paid $5,000 in qualifying expenses for Kevin to attend the University of Minnesota. Henry's AGI is $47,000. What is his allowable American opportunity tax credit?

Group of answer choices

$2,500

$4,000

$5,000

$0

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider observations of the number of wins per season by National Football League teams over the...

Statistics
Q

The lead in pencils is a graphite composition with Young's modulus of approximately 1.0x10? N/m....

Physics
Q

4 1 Checkpoint Once you have completed the above problems and checked your solutions complete...

Geometry
Q

3 Factor 3x 21x 24

Geometry
Q

Brooklyn needs to order some new supplies for the restaurant where she works. The restaurant...

Basic Math
Q

Which of the following surface graphs represents f x y 4x y 4 OA OB...

Calculus
Q

Write the following number in standard notation.1.034 x 1061.034106 =

Algebra
Q

Use the graph of f to draw the graph of its inverse function.Choose the correct...

Algebra
Q

The management of palindrome ltd dcide to prepair acash budget for November and December

Accounting
Q

2.00 points Exercise 14-18 Note with unrealistic interest rate; lender; amortization schedule [LO14-3 Amber Mining...

Accounting
Q

Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell...

Accounting
Q

Thank you! No. Date Account Titles and Explanation Debit Credit Dlscount on Bond Issue...

Accounting