Cathy Thomas, a single mother, has modified AGI of $82,000. In 2019, her daughter begins work on
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Cathy Thomas, a single mother, has modified AGI of $82,000. In 2019, her daughter begins work on her bachelors degree at an accredited institution. Cathy pays $6,000 in qualified tuition for the daughter's first semester. What is the amount of American Opportunity Tax Credit Cathy is allowed on her return?
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SOLUTION Cathy Thomas has a modified AGI of 82000 She paid 6000 in qualified tuition and fees f...View the full answer
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Related Book For 
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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