In November 2019, Simon pays $1,000 to take a course to improve his job skills to qualify

Question:

In November 2019, Simon pays $1,000 to take a course to improve his job skills to qualify for a new position at work. Simon’s employer reimbursed him for the cost of the course. For 2019, Simon’s lifetime learning credit is: 

a. $200 

b. $500 

c. $1,000 

d. $2,500 

e. None of the above

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2020

ISBN: 9780357108239

38th Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

Question Posted: