Question

The Greens are filing jointly with modified AGI of $86,000. During the tax year, they paid...

The Greens are filing jointly with modified AGI of $86,000. During the tax year, they paid $9,500 in qualified education expense for their son, Eric’s, first year of college. They have no education expenses for themselves. What would be the Green’s maximum allowable education credit? a)$ 0 b) $1,500 c) $1,900 d) $2,500

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