Mr. and Mrs. Alalami Golden are married and have one pre-school-aged child. During the year,...

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Accounting

Mr. and Mrs. Alalami Golden are married and have one pre-school-aged child. During the

year, Mrs. Alalami is employed and earns $64,000 while Mr. Alalami is a full-time student for

the entire year. The amount paid for tuition and fees is $8,700.

Required: On a joint income tax return, calculate their child tax credit and the allowed education

expenses deduction.

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