Janie graduates from high school in 2019 and enrolls in college in the fall. Her...
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Accounting
Janie graduates from high school in 2019 and enrolls in college in the fall. Her parents (who file a joint return) pay $10,850 for her tuition and fees.
If required, round your computations to the nearest whole value.
a. Assuming Janie's parents have AGI of $167,200, what is the American Opportunity tax credit they can claim for Janie? $
b. Assuming Janie's parents have AGI of $66,880, what is the American Opportunity tax credit they can claim for Janie? $
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