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Janie graduates from high school in 2016 and enrolls in college in the fall. Her...

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Accounting

Janie graduates from high school in 2016 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. a. Assuming Janie's parents have AGI of $162,200, what is the American Opportunity tax credit they can claim for Janie?

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